principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
Gross domestic capital formation is always greater than gross fixed capital formation
What is another name of macroeconomics? Answer: Income theory
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
Question: What can we learn from the Japanese experience? Is the US headed for a 'lost decade? Answer: There was a similari
The economic effects of inflation are all pervasive. It affects all those who depend on the market for their livelihood. The effects of inflation may be favorable or unfavorable, and low or high depending on the rate of inflation. For example a galloping the hyper inf
When total revenue to a firm is unaffected by small price modifications, then demand is: (i) Relatively price elastic. (ii) Relatively price inelastic. (iii) Unitarily price elastic. (iv) Vertical. (v) Horizontal. Can someone help
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
(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 are the main sources of supply of foreign currencies into domestic economy? Answer: A) Foreigners purchasing home country’s goods and services via exports. B) Foreign investment in home country via
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