principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
I have a problem in economics on Expanding consumption of a good. Please help me in the following question. Your consumption of a good tends to expand if it’s: (i) Relative marginal utility surpasses its relative price. (ii) Total utility is les
When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a reduction in quantity supplied is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D. Q : Why value of MPC is not greater than one 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.
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.
What is the base of categorizing receipts into revenue and capital receipts?
What possible fiscal policy actions can be taken with respect to expenses and income to accurate excess demand and deficient demand in economy? Answer:
Question: What can we learn from the Japanese experience? Is the US headed for a 'lost decade? Answer: There was a similari
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
what are the four factor of economic growth
What is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
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