principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
People in whole the world confront the difficulty of scarcity at always because: (i) restricted resources and times preclude producing all the goods people need. (ii) greedy capitalist monopolies charge excessively high prices. (iii) international mar
Consider a model economy with a production function Y = K0.2(EL)0.8, where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is defined as
In market economies, what are the signals which guide economic decisions?
What are the “powers of the Federal Reserve
What is the difference between profit and producer surplus?
how many systems of note issue are there??
What are the strength and weakness of using per capital national income? give explained answer for query
What is the basic difference between Market Supply and Individual Supply?
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
If the liability to give a tax is on one person and the burden of tax fall on some other person, state the kind of tax? Answer: These are indirect taxes like sales
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