Define deficient demand
Deficient demand: If AD < AS at full employment level, then it is defined as deficient demand.
What is the condition when there is a deficit in balance of trade? Answer: When import > export
Consumer demands for the caviar are least possible to change in response to modifications in: (1) Technologies utilized by workers who harvest caviar. (2) Government taxes or subsidies on the caviar. (3) Prices for other delicacies people eat on the festive occasions.
When directory assistance adds to the variable costs of cell phone Company, in that case the efficient price for directory assistance from the vantage point of society as an entire would be: (w) zero. (x) one that covered the average
Describe what do you mean by the term Yield to Maturity?
explaination of balance of payment identity
When people become optimistic about living longer and accordingly save more for their retirement years, in that case the decline into interest rates will tend to: (w) raise capital costs for business firms. (x) decrease investment expenditures. (y) di
At the front of the grocery store, you understand every cashier is backed up although the twelve-items-or-less lane. You rapidly count items, and dash back to aisle ten to reshelf Coco Puffs you have decided are unessential for surviv
Give me the answer of this question. The most important determinant of consumer spending is: A) the level of household debt. B) consumer expectations. C) the stock of wealth. D) the level of income.
Can someone please help me in finding out the accurate answer from the following question. Labor union contracts, a comparable significance rule, or minimum wage laws might boost equilibrium employment when a firm has been practicing: (i) Blacklisting
The economy consists of a single buyer and a single seller. The buyer has the utility function b ln xB1 + xB2 with b ≤ 10. The seller has the
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