The likely effects of a recession on a government's budget, Business Economics

QUESTION

Explain the relationship between scarcity, choice and opportunity cost.
"In a capitalistic system, Consumer Sovereignty is the key". Explain and discuss this statement.
Using appropriate examples explain the terms public and merit goods.
Discuss the likely effects of a recession on a government's budget?

Related Discussions:- The likely effects of a recession on a government's budget

Mercier announces developments , Mercier Corporation's stock is selling for...

Mercier Corporation's stock is selling for $95. It has just paid a dividend of $5 s share. The expected growth rate in dividends is 8 percent. a. What is the needed rate of retu

What are economic sectors, What are economic sectors? For the function...

What are economic sectors? For the functions of analysis the production of goods and services can be classified in four groupings as given below: a. Primary sector b. Se

Business process outsourcing, Question: (a) Describe the meaning of Bus...

Question: (a) Describe the meaning of Business Process Outsourcing (BPO). (b) BPO deals mainly with non-core processes of an organization. Describe four of such type of pr

What is the average increase, Question (a) The XYZ Election Commission ...

Question (a) The XYZ Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following

Credibility of policy rule, QUESTION Write detailed notes on the follow...

QUESTION Write detailed notes on the following: (a) Activist and non activist monetary policy debate. (b) Optimality of Policy Rule compared to discretionary monetary pol

Explain the end of fixed exchange rates, The end of fixed exchange rates

The end of fixed exchange rates

Is an unequal distribution of income and wealth a problem, Is an unequal di...

Is an unequal distribution of income and wealth a problem? Explain in short. Yes: because specified no government intervention, which on very low incomes cannot afford necessar

Explain why all firms aim at growing big in size, QUESTION a) Different...

QUESTION a) Differentiate between price, income and cross elasticity's of demand. b) How can the concept of price elasticity be useful to the owner of a supermarket who want

Unemployment rate, In 2007, Segolene Royal, in an unsuccessful bid for pres...

In 2007, Segolene Royal, in an unsuccessful bid for president of France, says that employees who lost their jobs would obtain unemployment payments equivalent to 90% of the previou

Discuss about regional trade agreements, Question 1: ‘The WTO was set u...

Question 1: ‘The WTO was set up with the intention of regulating international trade between countries'. How successful has the WTO been in attaining its objectives? Questi

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages