Conditions through which the supply curve will shift
What are the conditions through which the supply curve will shift?
Expert
Whenever any of such other factors change, then the supply curve will shift:
1) A raise in supply can be symbolized by a shift of the supply curve to right.
2) A reduce in supply can be symbolized by a shift of the supply curve to left.
Economic systems differ according to which two main characteristics?
Quetion: Describe the present economic crisis situation in Europe. Why has it been so difficult for the Europeans to find a solution to this problem? Comment on what implications the crisis may have for the rest of the
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
What relationship does the MPC bear to the size of the multiplier
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
Adam Smith disputed that a nation’s wealth is, not the gold it possesses, but instead its: (1) Total population. (2) Capability to offer goods for its people. (3) Domestic financial capital. (4) Foreign investments. (5) Military might.
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
Fiscal deficit: Fiscal deficit is stated as the surplus of total expenditure over total receipts, apart from borrowings. Fiscal deficit = Total expenditure (Rev. Exp. + Cap. Exp.) – Total Receipts
Question: How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world, investment in both economi
The economic effects of inflation are all pervasive. It affects all those who depend on the market for their livelihood. The effects of inflation may be favorable or unfavorable, and low or high depending on the rate of inflation. For example a galloping the hyper inf
18,76,764
1952721 Asked
3,689
Active Tutors
1424166
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!