Stage of the business cycle
What stage of the business cycle is our economy experiencing at present time? proof your answer.
Expert
There are many phases of a business cycle. Starting from a peak we go down into a recession to reach a trough. From this low point we have a recovery till the next peak is attained. US economy is currently in RECOVERY phase as it tries to increase GDL from the low point of 2009 financial meltdown. Unemployment is falling from its peak levels , inflation is stable and there are signs of improving consumer and business confidence.
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
Macro Economics: Macro economics studies the economy as an entire.
The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer: Q : Physical quality of life index DISCUSS DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
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Can someone help me in finding out the right answer from the given options. The basic difference between the dollar amounts people would willingly to pay for a particular quantity of a good and the amounts that they do pay at a particular market price is termed as: (1
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