transactions demand for money
The basic determinant of the transactions demand for money is the
When doubling your viewing of soap operas to 16 hrs per week reasons your IQ score to drop/fall from a mastermind level of 140 to a sluggish 70, your TV elasticity of brain power will be: (i) + 1.0. (ii) zero. (iii) – 1.0. (d) +0.5. (e) -0.5.
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills &
Question: What can we learn from the Japanese experience? Is the US headed for a 'lost decade? Answer: There was a similari
Illustrate whether output generated for self consumption is comprised or not comprised in the value of output? Answer: The output generated for self consumption is
From the heterodox approach, what options does the enterprise have to produce more output? What impact do these options have on its cost structure?
Give a short history of how banking evolved into the sophisticated operation. Start first with the Goldsmith and sum up with the Banking system which we experience nowadays.
For every value of real GDP, actual investment equals? A. Planned Investments B. The difference between planned investments and actual saving. C. The difference between planned saving and actual saving. D. Planned Saving
Explain the concept of “economies of scale” and “increasing returns”.
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