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Explain how did low interest rates combined with increased government spending on defense and homeland security alter the US economic outlook.
Illustrate what is the process by which a recessionary gap closes itself explain. Why might this self correcting mechanism work slowy in the face of a recessionary gap ?A diagram might help here.
Elucidate the macroeconomists position on trade defilicts. Assume an economy has overbuilt and suffers from excess capacity.
Under what situation would the energy-efficient automobile described here be economically efficient.
steelmakers can not afford to lose any sales as per their costs, especially their fixed costs, are so high. What does this statement mean.
Elucidate how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
Illustrate what price should Dr Williams charge to perform a nose operation. Explain how much profit does she earn each month.
Which of following statements are regarding the price or earnings ratio is false?
How do the concepts of the accounting profit and economic profit diverge? Why is economic profit smaller than the accounting profit? What are the three fundamental sources of economic profit?
Illustrate wage determination in the labour market in which workers are unorganized and many firms actively compete for the services of labour.
What do you mean by monetary transmission mechanism?
Describe the difference between conditional convergence and un-conditional convergence.
What do you mean by GDP deflater? Describe its role in the measurement of the economic performance.
Illustrate the meaning of Golden Rule of Capital accumulation?
Describe the shape of the long run average cost curve if production is subject to:
If the Average Variable Product of Labor curve is dome-shaped, Average Variable Cost Curve is U-shaped. Describe.
Recognize the three non-economic factors which are relevant for the business environment of your country.
Illustrate the prisoner’s dilemma? Write down its strategic implications for the oligopoly?
Explain how does the price systems act as the allocation of resources and distributor of goods in the market economy? Describe the allocation principle behind resource use?
Define the term dis-economics of scale and describe why they might occur.
Make any Hypothetical Balance of Payments. Draw chart for the distinguishing between Globalization, Privatization and Liberalization.
Draw chart for the distinguishing between monopoly, oligopoly, and monopolistic completion. Sketch an imaginary kinked demand curve.
Demonstrate increase and decrease in demand with the aid of graph. Demonstrate Extension and contraction in demand with the aid of graph.
Draw charts for Micro Economics and Macro Economics. Make charts for Normative and Positive study.
Calculate the risk and return of a portfolio of such securities. Suppose equal weights.