principles of macroeconomics
What are the “powers of the Federal Reserve
Question: What can we learn from the Japanese experience? Is the US headed for a 'lost decade? Answer: There was a similari
Why can be value of MPC be not more than one? Answer: The value of MPC will not be more than one since increment in consumption (ΔC) can’t be more than
The basic determinant of the transactions demand for money is the
What are the limitations of using GDP as an index of welfare of a country?A) The N.I. figures provide no indication of the population, skill and resource of the country. Thus the levels of welfare stay low.B) A higher N.I. migh
Why the borrowings by Government are taken as capital receipts?
Please brief the knowledge what is long run supply?
Evaluate the value of fiscal deficit when primary deficit is 53,000 crores and interest on borrowings is Rs 5,000 crores?
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employmen
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
If households become more willing to hold less cash and more stocks or bonds, the
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