What is the difference between economic growth and economic development? Growth is only individual dimension of development. Economic development is a complicated multidimensio

briefly explain any five uses of national income statistics

 Price elasticity, Price 10,9,8,7,6,5,4,3,2,1 QD 0,1,2,3,4,5,6,7,8,9,10 TR? ...
Price 10,9,8,7,6,5,4,3,2,1 QD 0,1,2,3,4,5,6,7,8,9,10 TR? Ed?.

why does the price level not enter desire consumption, investment and net exports of the desired aggregate expenditure function in the keynesian cross model

Suppose that a paper mill "feeds " a downstream box mill. For the downstream mill, the marginal profitability of producing boxes declines with volume. For example, the first unit o

calculate, a.the total revenue b.the average revenue c.the marginal revenue price 5 4 3 2 1 0 quantity 0 1 2 3 4 5.

When the reserve requirement changes, which of the following will change in the total banking system? (Answer change or No Change) Transaction Deposits Total Reserves Req

Compute the mean and variance of the following discrete probability distribution. Where X=2, and P(x)=.5. Where X=8 and P(X) .3. Where X=10 and P(X) =.2.

Your Insurance firm processes claims through its newer, larger high tech facility and its older, smaller lowtech facility. Each month, the hightech facility handles 10,000 claims

Use the following general linear demand relation: Qd = 680  9P + 0.006M  4PR where M is income and PR is the price of a related good, R. If M = $15,000 and PR = $20 and the suppl
