transactions demand for money
The basic determinant of the transactions demand for money is the
Government tax and transfer payments generally
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
Determine the value of MPC whenever MPS is zero? Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.
How prices allocate resources?
Whenever you dine at an “all-you-can-eat” buffet, the rational consumption prototype is to carry on eating till: (1) The restaurant goes bankrupt. (2) You have eaten as much food as it would encompass cost had you made your own meal at hom
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employmen
Would export businesses choose a rising or declining dollar? Would it be similar for a European tourist on a budget and visiting the Grand Canyon? Explain your answer.
What do you mean by the term Equilibrium? Also state its proper definition.
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
Elucidate the basis of categorizing government receipts into revenue receipts and capital receipts. Answer: Revenue Receipts: The government revenue receipts are such receipts A) that neither makes liability
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