principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
Elucidate the concept of deflationary gap. Answer: Deflationary gap is the deficit in aggregate demand from the level needed to maintain full employment equilibrium
Voluntary unemployment: It refers to a condition when person are not willing to do work at customary market wage rate, though they are receiving a work.
Why the repayment of loan is a capital expenditure? Answer: Repayment of loan is taken as a capital expenditure since it diminishes the liabilities of Government.
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
Macroeconomics is mainly concerned along with all things as the: (i) decisions individuals and firms make while prices change. (ii) resource usage and technology bases of firms. (iii) levels of national employment and income. (iv) movements within the
Hello guys I want your advice. Please suggest your answer for following economics problems. Macroeconomic policy matters focus upon: (w) price determination within specific markets. (x) conduct and structure of mar
When doubling your viewing of soap operas to 16 hrs per week reasons your IQ score to drop/fall from a mastermind level of 140 to a sluggish 70, your TV elasticity of brain power will be: (i) + 1.0. (ii) zero. (iii) – 1.0. (d) +0.5. (e) -0.5.
what can be the minimum value of investment multiplier?
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
18,76,764
1946763 Asked
3,689
Active Tutors
1412569
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!