Macroec
Examples of command economies are: a) the United States and Japan b) Sweden and Norway c) Mexico and Brazil d) Cuba and North Korea
Explain the main features of Harrod - Domar Growth model. How does the Harrod Domar model explain the occurrence of trade cycles?
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
What stage of the business cycle is our economy experiencing at present time? proof your answer.
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
What is the difference between profit and producer surplus?
Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero? Why or why not should this be the case?
The basic determinant of the transactions demand for money is the
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
Can someone help me in finding out the right answer from the given options. The basic difference between the dollar amounts people would willingly to pay for a particular quantity of a good and the amounts that they do pay at a particular market price is termed as: (1
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
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