Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
What is meant by the term business cycle as described by economists?
The fact that most of the necessities for life like water are priced much lower than the frivolities like diamonds is addressed by the: (1) Utilitarian enigma. (2) Law of diminishing marginal utility. (3) Rational ignorance of hypothesis. (4) Paradox of the value. (5)
I have a problem in economics on Paradox of Value problem. Please help me in the following question. The Diamond Water Paradox occurs from the difficulties in differentiating between: (i) Consumer surplus and the total utility. (ii) Total utility and
How can governments seek to control their national economies through fiscal and monetary policies?
If disposable income increases from Rs. 1,000 to Rs. 1,100, savings increase by Rs. 30. Determine the marginal propensity to save and marginal propensity to consume?
Question: What can we learn from the Japanese experience? Is the US headed for a 'lost decade? Answer: There was a similari
How does a commercial bank make money? Answer: Commercial banks are capable to make credit that is many times greater than deposits received by banks. Money creatio
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero? Why or why not should this be the case?
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
18,76,764
1953047 Asked
3,689
Active Tutors
1461135
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!