Taxing imports-whats the problem
‘Must a country which is less proficient at generating all goods use import controls to decrease imports from additional countries?’
Expert
Considering how economist’s approaches like questions and the role of generality in modeling. Making an understanding of comparative benefit and employing this in the argument against tariffs.
In saying that the present system of floating exchange rates is managed we mean that: IMF officials determine exchange rates on a day-to-day basis. countries that allow their exchange rate to move freely will lose their borrowing privileges with the IMF. the value of any IMF member's currency
What are the Steps to analyze modifications in equilibrium?
Implications of fiscal deficit: (A) High fiscal deficit entails a big amount of borrowings in which the government takes more loans to pay back it. It raises the liability of government. Q : GDP In calculating the GDP national In calculating the GDP national income accountants:
In calculating the GDP national income accountants:
What possible fiscal policy actions can be taken with respect to expenses and income to accurate excess demand and deficient demand in economy? Answer:
In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive. (3) Proportional. (4) Unbiased. (5) Recessive.
Administrative revenue: Administrative revenueis the revenue which occurs on account of the administrative function of government. It comprise: (a) Fees (college/school) (b) License fees paid to obtain permission to carry out a service (c) Fines and p
What is another name of macroeconomics? Answer: Income theory
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
a restrictive monetary policy is designed to shift the
18,76,764
1932699 Asked
3,689
Active Tutors
1434950
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!