national income
Gross domestic capital formation is always greater than gross fixed capital formation
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
Economic growth is measured by the rate of increase in national output, GDP. The output depends on inputs -labour, capital technology etc. the theories of economic growth bring out how and to what extent each input or factor contributes to the g
Between 1961 and 2007, the rising share of the Canadian population in paid employment contributed to rising GDP per person. But suppose that the share of the Canadian population in paid employment had remained constant between 1961 and 2007. What would Canadian GDP pe
In market economies, what are the signals which guide economic decisions?
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
From the heterodox approach, what options does the enterprise have to produce more output? What impact do these options have on its cost structure?
Define Break Even point? Elucidate with the help of saving function. Answer: Breakeven point is a point where consumption equals to income and saving is equivalent t
Assume that you receive $18 worth of “jollies” (that is, satisfaction, utility or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding holes drops $1 for each and every hole played. You should p
Describe open market operations? What is its consequence on availability of credit? Answer: Open market operations signify the purchase and sale of government secur
For the firm, the major goal of profit sharing plans is to:
18,76,764
1944862 Asked
3,689
Active Tutors
1428958
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!