What is fiscal deficit
Fiscal deficit: When TE (RE + CE) > TR (RR + CR) of the government, excluding borrowing. It is termed as fiscal deficit.
The problem of asymmetric information is that
The firm maximizes profit by hiring the labor at a point where labor’s: (i) Marginal physical product equal its average physical product. (ii) Marginal revenue product equivalents its marginal resource cost. (iii) Rate of exploitation is maximum. (iv) Wage rate
Give the answer of following question .Tell examples of command economies: A) the United States and Japan. B) Sweden and Norway. C) Mexico and Brazil. D) Cuba and North Korea.
An interest rate of 10 percent causes the present value of $1000 acquired one year by now to be: (w) $1000. (x) $1,100. (y) $909.09. (z) $100. Hey friends please give your opinion for the problem of Economi
Substitution takes place when prices change and hence demand curves are negatively-sloped since of the behavior of consumers which most directly underpins the law of: (1) Equivalent marginal utilities per dollar. (2) Diminishing net utility. (3) The income effect. (4)
An increase in the income of consumer X leads to a fall/down in the demand for that good by the consumer. What is good X termed? Answer: Normal good
Assume that the demand for jeans rises. At similar time, since of an increase in price of cotton, the supply of jeans reduces. How will it influence the price and amount sold of jeans? Q : Supply of money The multiple by which The multiple by which the commercial banking system can increase the supply of money on the basis of each dollar of excess reserves is equal to: A) the reciprocal of the legal reserve ratio. B) 1 minus the legal reserve ratio. C) the reciprocal of the income velocit
The multiple by which the commercial banking system can increase the supply of money on the basis of each dollar of excess reserves is equal to: A) the reciprocal of the legal reserve ratio. B) 1 minus the legal reserve ratio. C) the reciprocal of the income velocit
A Rise in the quantity of frozen vegetarian lasagna demanded would be much probable to outcome from raises in the: (i) Cost of raw vegetables. (ii) Wages paid workers in lasagna developed plants. (iii) Number of people who perform strict vegetarianism. (iv) Costs of o
In illustrated graph below, supply is mostly perfectly price inelastic at: (i) point a. (ii) point b. (iii) point c. (iv) point d. Discover Q & A Leading Solution Library Avail More Than 1437874 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1960471 Asked 3,689 Active Tutors 1437874 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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