Surplus of AD over AS-Inflationary gap
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 employment level of employment.
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 employment level of employment.
What do you understand by the term Price (P) at Market in Economy?
What occurs to aggregate demand if the government budget is in deficit? Answer: The deficit budget raises the aggregate demand since the deficit budget signifies th
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
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
What stage of the business cycle is our economy experiencing at present time? proof your answer.
Assume that you consume bananas and apples, and the marginal utility of the last apple consumed is 6 times the marginal utility of last banana consumed. Though, the price of apples is only 3 times the price of bananas. This disequilibrium among the two goods can be re
Economic systems differ according to which two main characteristics?
What do you mean by the term Equilibrium? Also state its proper definition.
No need apa format no need introduction and conclusion Only answer question being ask, thanks
People will purchase goods when their demand prices equivalent or surpass: (i) Transaction costs. (ii) Subjective prices. (iii) Price indexes. (iv) Market prices. (v) Wholesale prices. Please someone suggest me the right answer.
18,76,764
1924870 Asked
3,689
Active Tutors
1425292
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!