systems of note issue
how many systems of note issue are there??
Economic systems differ according to which two main characteristics?
The origin of economic growth can be traced back to Adam Smith's Wealth of Nations. InSmith's view, economic growth of a nation depends on the 'division of labour' and specialization, and is limited by the limits of div
What points out zero primary deficits? Answer: Zero primary deficits signify that the government has to resort to borrowings simply to make interest payments.
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
1) How can governments seek to control their national economies through fiscal and monetary policies?2) What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
What are the strength and weakness of using per capital national income? give explained answer for query
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
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