principles of macroeconomics
What are the “powers of the Federal Reserve
I have a problem in economics on Paradox of Value-total utility and marginal utility. Please help me in the following question. Water is more precious than diamonds when measured by _____, however less valuable when measured by _____. (i) Total cost, total benefit. (i
‘Must a country which is less proficient at generating all goods use import controls to decrease imports from additional countries?’
In a graph of competitive market in equilibrium, the net surpluses producers and consumers enjoy generally equivalents the area among the: (i) Demand and supply curve however to the left of point of the market equilibrium. (ii) Horizontal axis and a 45°line origin
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
In market economies, what are the signals which guide economic decisions?
What stage of the business cycle is our economy experiencing at present time? proof your answer.
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
Question: Compare and contrast 'adaptive expectations' (Hubbard uses adaptive expectations) and 'rational expectations' in modeling expectations. Answer:<
Describe whether the sale of old scooter is comprised in national income?
What are the strength and weakness of using per capital national income? give explained answer for query
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