Microeconomics
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Describe open market operations? What is its consequence on availability of credit? Answer: Open market operations signify the purchase and sale of government secur
I have a problem in economics on Expanding consumption of a good. Please help me in the following question. Your consumption of a good tends to expand if it’s: (i) Relative marginal utility surpasses its relative price. (ii) Total utility is les
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
Time Bound: It is essential for bank to lay goals and also have the deadline for the completion of each goal. To be a market leader bank needs to work hard. They need to dedicate more time and resources to attain required success. A time associated wi
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
Please brief the knowledge what is long run supply?
Include graphs and should be 15 pages long
Describe Aggregate Expenditure model and also state AD/AS model?
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
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