Self consumption-Value of output
Illustrate whether output generated for self consumption is comprised or not comprised in the value of output? Answer: The output generated for self consumption is not comprised in the value of output.
Illustrate whether output generated for self consumption is comprised or not comprised in the value of output?
Answer: The output generated for self consumption is not comprised in the value of output.
What are the Steps to analyze modifications in equilibrium?
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.
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Consider a model economy with a production function Y = K0.2(EL)0.8, where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is defined as
What are the components of aggregate demand (AD)? Answer: The components of AD are as follows:AD = C + I + G + (X - M) By Simplifying AD = C + I, Here C refers to Household consumption demand and I refer
‘Over the precedent 30 years, and particularly as our entry into the EU, imports (and exports) as a proportion of GDP have increases considerably in the UK. What influence has this had on the value of multiplier in the UK?’
What are the strength and weakness of using per capital national income? give explained answer for query
When heroin were legalized, in that case the: (w) market price of heroin would drop considerably. (x) demand would raise although supply would decrease. (y) demand would decrease but supply would increase. (z) price of cocaine would raise. Q : Define the term Supply curve Define the Define the term Supply curve.
Define the term Supply curve.
In what respect foreign trade will be helpful in eliminating the adverse economic influences of deficient demand? Answer: Export increases the demand for services a
18,76,764
1958367 Asked
3,689
Active Tutors
1456003
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!