principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
Which of the following lists includes only capital resources (and ther Which of the following lists includes only capital resources (and therefore no labor or land resources)?
Does full employment take place if AD = AS or S = I?
What are the strength and weakness of using per capital national income? give explained answer for query
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Economic growth is measured by the rate of increase in national output, GDP. The output depends on inputs -labour, capital technology etc. the theories of economic growth bring out how and to what extent each input or factor contributes to the g
When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a rise in demand is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D. Q : If households If households become more If households become more willing to hold less cash and more stocks or bonds, the
If households become more willing to hold less cash and more stocks or bonds, the
Question: Was the stimulus package passed in 2009 as success? In answering this question the focus should be the articles on the syllabus, but you should also include opinions of other commentators. &nbs
Describe Okun's law? Give an illustration of how it works.
Assume that the launch of Microsoft Xbox 360 moved the demand curve for Sony PlayStation 2 games from D0 to D1 throughout similar period if new game designers enter into this market and hence supplies of PlayStation 2 games shifted S0 to S1. The market equilibrium: (1
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