IS-KM Model with classical supply
discuss with the help of IS-LM model why money has no effect on output in classical supply case
Whenever the price of a good all along a demand curve is modified since of a change in supply, the substitution effect is the modification in purchases of a good which result from a change merely in: (1) The associative price of that good. (2) Consumer tastes and prio
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Describe when there will be a shortage of the good?
Question: Changes in currency supply and demand can be traced back to changes in fundamental supply and demand in foreign and domestic i._____________________ markets and foreign and domestic ii.___________________
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.
Government tax and transfer payments generally
Can someone help me in finding out the right answer from the given options. The consumer maximizes utility whenever the spending patterns cause: (1) Marginal utility of each and every good to be at its maximum value. (2) Marginal utilities of each and every goods cons
Macroeconomics is primarily focused on issues about: (w) economy extensive aggregate variables as like national income. (x) the structure of economic activity quite than its level. (y) resource allocations through households and business firms. (z) po
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
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