national income
Gross domestic capital formation is always greater than gross fixed capital formation
Individuals maximize the satisfaction whenever the marginal utilities of all goods are: (i) Precisely proportional to the consumer’s income. (ii) Maximized. (iii) Precisely proportional to the opportunity costs of consuming them. (iv) Equivalent
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
When total revenue to a firm is unaffected by small price modifications, then demand is: (i) Relatively price elastic. (ii) Relatively price inelastic. (iii) Unitarily price elastic. (iv) Vertical. (v) Horizontal. Can someone help
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
how many systems of note issue are there??
When cost of a foreign currency increases its supply too increases. Elucidate why?
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
Task 1 – Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins! Calculate- a) The monetary base. b) The bank
What is another name of macroeconomics? Answer: Income theory
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