Already have an account? Get multiple benefits of using own account!
Login in your account..!
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What do you mean by Gross domestic product?
Perhaps the most significant concept in macroeconomics is Gross Domestic Product (GDP):
Gross Domestic Product (GDP) is expressed as the market value of all finished goods and services produced in a country during a particular period of time
Note that we only embrace finished services and goods- which is, anything which is sold directly to the consumer. Electric power sold to a steel mill isn't included whereas all the electric power sold directly to consumers is included. Reason is simply that we want to avoid 'double counting'. Consider for illustration the production of cars. Car producers have parts produced by other firms that in turn have parts delivered by other firms and so on. If we were to count the value of everything produced by a firm, then most parts of a car will be counted many times. This is why only the value of finished car is used in the calculation of GDP. Note, though, that if a firm buys a robot which it uses in the production of cars, then this robot is counted (if it is produced in same country). Car producer is then 'final consumer' of the robot - no value is added to it and it isn't resold to another firm.
How much money can banks create? Does this mean that banks can create an unlimited amount of money? The answer is no - that would require them to lend an unlimited amount of m
GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase according to the cash flow sequence $70+4k, where k is in years and cash flow is in $1000
List of major emerging-market economies To determine if the UK is to benefit from growth of emerging-market economies in the future, it should start exporting goods and specif
Explain how a Fortune 500 company has been able to implement SAP to improve their processes. Suppose the supply function for product X is given by Qsx = -50 + 0.5Px - 5Pz. A.
he questions posed are broad and open ended so be careful to allow yourself enough research and planning time. If you are completely on top of the material delivered in class, then
The Russell 2000 is a market index for small cap stocks - What do these changes in P/E ratios over last year tell you about current valuation in small caps and the different market
Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related? Is the actual rate of unemployment currently greate
The exante real interest rate is based on _____ inflation, while the ex post real interest rate is based on _____ inflation. A) expected; actual B) core; actual C) actual;
Suppose that a widget market is described by the following supply and demand equations. Supply: Q = 3 P Demand: Q =400 - P a. Solve for the equilibrium price and the
Assuming that the expectations theory is the correct theory of the term structure, calculate the interest rates in the term structure for maturity. Next, plot the resulting yield c
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd