McConnell Brue Flynn 19e
What relationship does the MPC bear to the size of the multiplier
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.
Law of supply: It is the claim which, other things equivalent, the quantity supplied of a good increases whenever the price of the good increases.
What do you mean by the term Competitive market?
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Definition of surplus: It is a condition in which quantity supplied is more than quantity demanded. To remove the surplus, producers will minimize the price till the market reaches to equilibrium.
How can Equilibrium of a market be exist?
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
Tax revenue: Tax revenue is the revenue which occurs on account of taxes levied by government. Taxes are of two kinds: direct taxes and indirect taxes. Direct taxes are such taxes levied instantly on the property and income of person’s income ta
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a reduction in quantity supplied is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D. Discover Q & A Leading Solution Library Avail More Than 1441498 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1947699 Asked 3,689 Active Tutors 1441498 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1947699 Asked
3,689
Active Tutors
1441498
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!