Formula for primary deficit
What is the formula for primary deficit? Answer: Primary deficit = fiscal deficit – interest payment.
What is the formula for primary deficit?
Answer: Primary deficit = fiscal deficit – interest payment.
From roughly 1975 year, the proportion of the U.S. population into the Bureau of the Census category that is “middle relative income” where the “middle class’ has: (1) grown since many former u
This market for peanuts will adjust to a new equilibrium at price: (1) P0 and quantity Q0. (2) P1 and quantity Q0. (3) P2 and quantity Q2. (4) P3 and quantity Q1.
The least possible costs of alternative outcomes to the primary economic question of “what?” can be represented with the production possibilities curve through: (1) The slopes of movements all along the curve. (2) Shifting the curve up by
Describe the consumer’s equilibrium in case of two commodities (IC) approach. Answer: Consumer equilibrium refers to a condition when he spends his specified
Refer to the following diagram, which depictes demand and supply conditions in the competitive market for product X. A shift in the demand curve from D0 to D1 might be caused by a(n): 1) decrease in income if X is an inferior good. 2) increase in the price of compleme
Define monetary policy? What monetary measure can be accepted to control the condition of excess demand? It is the policy accepted by central bank exercising control over money rate of interest and credit situatio
Types of elasticity of supply: There are five kinds of elasticity of supply:1. Perfectly elastic supply: Q : Market price of long-run equilibrium When this firm is typical in this purely competitive market, in that case long-run equilibrium for Christmas trees will be reached at a market price is of: (1) P1. (2) P2. (3) P3. (4)
When this firm is typical in this purely competitive market, in that case long-run equilibrium for Christmas trees will be reached at a market price is of: (1) P1. (2) P2. (3) P3. (4)
When the annual interest rate is 12 percent and a rental house can be expected to rent perpetually for $1,000 monthly, rough computation suggests the house contain a present value of: (1) $240,000. (2) $144,000. (3) $100,000. (4) $72,000. (5) $12,000.
Assume that the demand and supply for a product can be described by the following equations:Q= 1200-4PQ= -200+2P Producing the product results in marginal external damage of $8 per unit.a. What type of
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