Consumption curve
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is equivalent to Income.
Illustrate a point on consumption curve at which APC = 1.
Answer:
APC = C/Y = 1 is possible when C = Y, that is, Consumption is equivalent to Income.
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
‘The country is at present in recession and this has led to worse tax revenue and high expenses. The effect is a huge deficit. The government decides to increase taxes and lower government expenses. Is this an excellent idea?’
How does the FED utilize the bond market to make and destroy money? Which technique do developed countries utilize to decrease the chance of experiencing inflation? What about the Banana Republicans and inflation, do they have this means acessible to
State the Law of supply and explain the factors that affecting supply of commodity
When cost of a foreign currency increases its supply too increases. Elucidate why?
The founder of utilitarianism be: (1) Adam Smith. (2) John Stuart Mill. (3) Jeremy Bentham. (4) Feodor Dostoyevsky. (5) Thorstein Veblen. (6) Alfred Marshall. Can someone help me in getting through this problem.
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
Net revenue for Macho Man fake mustaches increases after the price raised from $5 to $7, pointing that demand faced by Macho Man was: (i) Relatively elastic. (ii) Relatively inelastic. (iii) Unitarily elastic. (iv) Perfectly inelastic. (v) Perfectly e
The Financial Account captures international fund flows due to
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
18,76,764
1945450 Asked
3,689
Active Tutors
1433829
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!