principles of macroeconomics
what are the four factor of economic growth
Speculate regarding the behavior which could result from Internet technology in airline transactions and propose 2 or more strategies to deal with them.
Meaning: - as mentioned above, the balance of payments is a periodic accounting of international economic transactions. Each country having regular economic transactions with other countries prepares periodically the final accounts of their foreign receipts and paymen
Explain the concept of “economies of scale” and “increasing returns”.
What is Demand schedule and how it is associated to demand curve?
Determine the value of MPC whenever MPS is zero? Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
Define fiscal policy? Answer: Fiscal policy is the revenue and expenditure policy of government with a view to combat the state of inflationary or deflationary gap
Meaning of Fiscal policy:Fiscal policy is the set of decisions and principles of a government regarding the extent of public expenses and mode of financing them. It is about the attempt of g
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
State the Law of supply and explain the factors that affecting supply of commodity
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