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.
Why the borrowings by Government are taken as capital receipts?
Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero? Why or why not should this be the case?
Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
What is the difference among the discount rate, prime rate and the subprime rates of interest? Which interest rate in particular build the 2008 recession? Explain how that happened.
Explain the main features of Harrod - Domar Growth model. How does the Harrod Domar model explain the occurrence of trade cycles?
What are the strength and weakness of using per capital national income? give explained answer for query
A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
Voluntary unemployment: It refers to a condition when person are not willing to do work at customary market wage rate, though they are receiving a work.
The fact that most of the necessities for life like water are priced much lower than the frivolities like diamonds is addressed by the: (1) Utilitarian enigma. (2) Law of diminishing marginal utility. (3) Rational ignorance of hypothesis. (4) Paradox of the value. (5)
If households become more willing to hold less cash and more stocks or bonds, the
18,76,764
1922235 Asked
3,689
Active Tutors
1445491
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!