principles of macroeconomics
what are the four factor of economic growth
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 transfer of wealth from developed countries to oil exporting countries (abbreviated as OPEC) which followed sky-rocketing oil prices in the year 1970s points out that the price elasticity of demand for oil was: (i) Unitary. (ii) Relatively high. (
discuss with the help of IS-LM model why money has no effect on output in classical supply case
When cost of a foreign currency increases its supply too increases. Elucidate why?
Question: Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have o
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What are the main sources of supply of foreign currencies into domestic economy? Answer: A) Foreigners purchasing home country’s goods and services via exports. B) Foreign investment in home country via
What is the difference between profit and producer surplus?
When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a rise in demand is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D. Q : Market Economy Explain the statement " Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
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