What are the strength and weakness
What are the strength and weakness of using per capital national income? give explained answer for query
In what respect foreign trade will be helpful in eliminating the adverse economic influences of deficient demand? Answer: Export increases the demand for services a
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
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
Firms which serve customers who vision the firm’s output as perfectly substitutable for the outcomes of huge numbers of other firms confront: (i) Horizontal (that is, perfectly price elastic) demand curves. (ii) Predatory pricing from greater mo
Assume that you receive $18 worth of ‘jollies’ (that is, utility, satisfaction or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding the holes drops $1 for each and every hole played. You shou
The market demand curve for latest houses would rise in response to a rise in: (1) construction technology. (2) The costs of lumber. (3) Housing prices. (4) Legal price ceilings on rental properties. (5) Expectations regarding future housing prices. Q : GDP gap "The economic cost of "The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
What must be added to NNPMP to obtain net national disposable income? Answer: The Net current transfers from abroad must be added to NNPMP to get national disposabl
The equilibrium interest rate is determined
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
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