What is substitutes
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
A prosperous person who made higher and higher incomes yearly would possibly benefit most from: (w) proportional tax system. (x) progressive tax system, much like the one in place today. (y) regressive tax system. (z) fixed percentage tax system. Q : Principles of macroeconomics What are What are the “powers of the Federal Reserve
What are the “powers of the Federal Reserve
Explain the concept of “economies of scale” and “increasing returns”.
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
‘The country is at present in recession and this has led to worse tax revenue and high expenses. The effect is a huge deficit. The government decides to increase taxes and lower government expenses. Is this an excellent idea?’
Does full employment take place if AD = AS or S = I?
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
the most frequently asked question on foreign direct invetment
Explain the term Shut Down Price? Illustrate it.
Collect cost, revenue data or other relevant data from the airbus industry and describe how you would modify the data to make it relevant to decisions a manager should make.
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