What is multiplier
Multiplier: The Multiplier is the ratio of change in income by the change in investment. Multiplier (k) = ΔY/ΔI
Multiplier: The Multiplier is the ratio of change in income by the change in investment.
Multiplier (k) = ΔY/ΔI
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
Bank rate: This is the rate at which the central bank loans money to commercial bank.
The equilibrium interest rate is determined
Macroeconomics is primarily focused on issues about: (w) economy extensive aggregate variables as like national income. (x) the structure of economic activity quite than its level. (y) resource allocations through households and business firms. (z) po
Imperfect information at times causes consumer’s attempts to maximize their contentment to fail since: (i) Prospects are imperfectly realized, and trial-and-error prototypes can lead to mistakes. (ii) Sellers might exploit asymmetric information
Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment? Q : Supply law and it's factors State the State the Law of supply and explain the factors that affecting supply of commodity
State the Law of supply and explain the factors that affecting supply of commodity
Macroeconomics is mainly concerned along with all things as the: (i) decisions individuals and firms make while prices change. (ii) resource usage and technology bases of firms. (iii) levels of national employment and income. (iv) movements within the
Describe whether the sale of old scooter is comprised in national income?
What relationship does the MPC bear to the size of the multiplier
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