principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment? Q : McConnell Brue Flynn 19e What What relationship does the MPC bear to the size of the multiplier
What relationship does the MPC bear to the size of the multiplier
Describe cost-push inflation and its major source.
A family’s newly constructed home can produce the service of shelter across several years, therefore from a macroeconomic perspective, this is most reasonably classified as: (i) economic capital. (ii) social infrastructure. (iii) market capitalization. (iv) a fi
Describe whether the sale of old scooter is comprised in national income?
State main sources of demand for foreign currency? Answer: The four main sources of demand for foreign currency are as follows: A) To buy services and goods from other countries. B) To send a gift abroad.
In market economies, what are the signals which guide economic decisions?
What is meant by the term business cycle as described by economists?
Since the percentage of income paid in taxes generally declines as taxpayer income increases, standard sales taxes and “sin” taxes [for example, excise taxes upon liquor or tobacco] are illustrations of: (1) proportional t
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.
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