closed economy
Hello. I need help with my assignment, I was sick and lost alot of time.My submission deadline is tomorrow i need your help i have attached the questions Thanks in advance
The most probable of the following to be a poorer good for most American families who purchase some of each of such products throughout a given year would be: (i) Plastic surgery. (ii) College textbooks. (iii) Films on DVD. (iv) Cup-a-Noodles soup. (v) Downloads for t
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Tom reimburses $5.00 for a ticket to see a present hit movie. If Tom was willing to reimburse up to $7.00 for that ticket, his consumer surplus equals: (1) $5.00 (2) $2.00 (3) $7.00 (4) Tom does not receive any consumer surplus as he purchased the ticket.
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
Does full employment take place if AD = AS or S = I?
A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
What are the strength and weakness of using per capital national income? give explained answer for query
What is "demand-pull" inflation?
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
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