What is the difference between profit and producer surplus?
Define the term Supply curve.
How does the FED utilize the bond market to make and destroy money? Which technique do developed countries utilize to decrease the chance of experiencing inflation? What about the Banana Republicans and inflation, do they have this means acessible to
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
Open-Economy Macroeconomics Suppose the structure of an economy with a flexible exchange rates is represented by: C = 200 + 0.85*(Y - T) &n
How prices allocate resources?
‘Must a country which is less proficient at generating all goods use import controls to decrease imports from additional countries?’
If disposable income increases from Rs. 1,000 to Rs. 1,100, savings increase by Rs. 30. Determine the marginal propensity to save and marginal propensity to consume?
Economic systems differ according to which two main characteristics?
Macro Economics: Macro economics studies the economy as an entire.
Implication of Fiscal deficit A) It raise the supply of money in the economyB) It rises financial burden for future generation.C) It is the cause of inflation.
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