Problem on full employment level of employment
What happens when AD > AS past to full employment level of employment?
Expert
This is a state of dis-equilibrium in economics. If AD > AS, producers have to provide to demand out of their existing stock of goods, imply that the desired stage of stocks will reduce. It implies more production and thus there is rise in AS. This method continues till equilibrium is struck among AD and AS.
Question: Some commentators have argued that the failure of the "Supercommittee" is good thing for the economy? Do you argree? Answer: Q : Profit sharing plan For the firm, the For the firm, the major goal of profit sharing plans is to:
For the firm, the major goal of profit sharing plans is to:
Assume that you receive $18 worth of “jollies” (that is, satisfaction, utility or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding holes drops $1 for each and every hole played. You should p
Question: A county with a fixed or managed exchange rate would consider i.___________________ its currency if the country is worried about domestic inflation. ii. Briefly Explain? Q : Formula for Fiscal deficit Fiscal Fiscal deficit: Fiscal deficit is stated as the surplus of total expenditure over total receipts, apart from borrowings. Fiscal deficit = Total expenditure (Rev. Exp. + Cap. Exp.) – Total Receipts
Fiscal deficit: Fiscal deficit is stated as the surplus of total expenditure over total receipts, apart from borrowings. Fiscal deficit = Total expenditure (Rev. Exp. + Cap. Exp.) – Total Receipts
If households become more willing to hold less cash and more stocks or bonds, the
What relationship does the MPC bear to the size of the multiplier? The MPS? What will the multiplier be when the MPS is 0, .4, .6, and 1
Tariffs: -are also called import quotas. -may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). -are per unit subsidies designed to promote exports. -are excise taxes on goods exported abroad.
What are the “powers of the Federal Reserve
18,76,764
1933558 Asked
3,689
Active Tutors
1413931
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!