What are the strength and weakness
What are the strength and weakness of using per capital national income? give explained answer for query
is studying economic worth your time and effort
Whenever people can’t purchase all of a good they are willing and capable to pay for at present market price, there is surely a market: (1) Price ceiling. (2) Price floor. (3) Shortage. (4) Anomaly. (5) Surplus. Please
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Elucidate the concept of deflationary gap. Answer: Deflationary gap is the deficit in aggregate demand from the level needed to maintain full employment equilibrium
If households become more willing to hold less cash and more stocks or bonds, the
Macro Economics: Macro economics studies the economy as an entire.
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
Assume that you consume bananas and apples, and the marginal utility of the last apple consumed is 6 times the marginal utility of last banana consumed. Though, the price of apples is only 3 times the price of bananas. This disequilibrium among the two goods can be re
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
State the Law of supply and explain the factors that affecting supply of commodity
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