Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
What is the impact on income or output and price of excess demand (Inflationary gap)? Answer: In the condition of excess demand (that is Inflationary gap) there wil
The most probable of the following to be a poorer good for most American families who purchase some of each of such products throughout a given year would be: (i) Plastic surgery. (ii) College textbooks. (iii) Films on DVD. (iv) Cup-a-Noodles soup. (v) Downloads for t
Use the principles of supply and demand to address a predetermined goal (set by the student) in the gasoline market. Be clear on what the current market indicates and why and what your future goal is.
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
Explain the main features of Harrod - Domar Growth model. How does the Harrod Domar model explain the occurrence of trade cycles?
discuss with the help of IS-LM model why money has no effect on output in classical supply case
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
Firms which serve customers who vision the firm’s output as perfectly substitutable for the outcomes of huge numbers of other firms confront: (i) Horizontal (that is, perfectly price elastic) demand curves. (ii) Predatory pricing from greater mo
18,76,764
1939940 Asked
3,689
Active Tutors
1416942
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!