economics
I help with part 2 and the 4 part question.
Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary
is studying economic worth your time and effort
Multiplier: The Multiplier is the ratio of change in income by the change in investment. Multiplier (k) = ΔY/ΔI
In June 2005, a Big Mac sold for 6,000 pesos in Colombia and $3.00 in the United States. The exchange rate in June 2005 was 2,300 pesos per dollar. So, on Big Mac purchasing power parity grounds the Colombian peso was
Whenever people can’t purchase all of a good they are willing and capable to pay for at present market price, there is surely a market: (1) Price ceiling. (2) Price floor. (3) Shortage. (4) Anomaly. (5) Surplus. Please
How can Equilibrium of a market be exist?
What is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
‘What occurs in the money market when there is a raise in income?’
Consider a model economy with a production function Y = K0.2(EL)0.8, where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is defined as
In what respect foreign trade will be helpful in eliminating the adverse economic influences of deficient demand? Answer: Export increases the demand for services a
18,76,764
1924729 Asked
3,689
Active Tutors
1441984
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!