unemployment
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
The demand curve for DVD games is a straight line, therefore its slope: (1) Is constant, although price elasticity of demand drops/falls as output increases. (2) Price elasticity are both stable. (3) Is constant, although price elasticity of demand increases as the pr
What do you understand by the term Price (P) at Market in Economy?
With the help of graph discuss the determinants of transaction demand.
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
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
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 : Why is tax not a capital receipt Illustrate, why is tax not a capital receipt?
Illustrate, why is tax not a capital receipt?
IN which situation, there is a deficit in the balance of trade.
Economic growth is measured by the rate of increase in national output, GDP. The output depends on inputs -labour, capital technology etc. the theories of economic growth bring out how and to what extent each input or factor contributes to the g
Define bank rate policy? How does it operate as a technique of credit control? Answer: Bank rate is the rate at which the central bank provides loans to the commerc
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