principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
What is the basic difference between Market Supply and Individual Supply?
Speculate regarding the behavior which could result from Internet technology in airline transactions and propose 2 or more strategies to deal with them.
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.
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
Redistribution of Income: Each and every economy strives to achieve a society, where inequality of income and wealth must be minimum. In order to attain this objective via government budget the government spends adequate money on social security schem
18,76,764
1955994 Asked
3,689
Active Tutors
1445528
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!