principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
what can be the minimum value of investment multiplier?
Use economic theory to explain the inflation movements and factors influencing it. Use relevant models to explain the impact of changes in fiscal and monetary policies in curtailing inflation.
IN which situation, there is a deficit in the balance of trade.
How can Equilibrium of a market be exist?
Gross domestic capital formation is always greater than gross fixed capital formation
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
Diminishing prices will raise total revenue from DVD game sales at each and every price: (1) On this demand curve. (2) Beneath $25. (3) Above $25. (4) Beneath $30. Q : What is substitutes Substitutes : The Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Why is interest received classified as revenue receipt? Answer: Interest received is a revenue receipt since it does not build any liability nor it leads to the red
Give some objective of government Budget. Answer: The objectives which are pursued by government via the budget are as follows: A) To attain economic growth. B) To decrease in equalities in income and wealth.
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