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What does equilibrium GDP means?
What happens when there is disequilibrium situation?
When GDP is less than the equilibrium
When GDP is more than equilibrium
What does it mean when at equilibrium, S = I
How net exports affect aggregate expenditure in the economy?
How prosperity abroad affects our exports?
How depreciation of our trading partners’ currencies affects our exports?
How government spending affects aggregate expenditure?
Aggregate Demand
What is aggregate demand (AD)?
3. assume a monopolist who sells a product with a total cost function c -100q 15q2. the market demand is given by the
Illustrate what problem is posed by any comparison over time of market values of various total outputs. How is this problem resolved.
Calculate velocity of money when price level is 10, national quantity of output is $200 billion and money supply is $250 billion.
In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project.
illustrate why lower taxes in the current period but higher taxes in the future may make some consumers better off.
As medicines which with brand names that the man recognise from television commercials sell for more than the unadvertised versions. elucidate in economic terms this perplexing situation to the father.
Calculate nominal GDP in 2006 and in 2007 and the percentage increase in nominal GDP between 2006 and 2007.
q.suppose a firm has the total cost functioncq1002q12q2afind the firms marginal cost functionb find the firms average
Elucidate the role of differentiation in the market for pizza. Then apply the feedback critique to the role of differentiation in the industry.
A test is conducted in eight cities to see if giving away free transit system maps will increase bus ridership. In a regression analysis, the dependent variable is the increase
Elucidate how advertising can be employed to allow Tots-R-Us to keep cost above average cost with encouraging entry.
The increase in demand for iPad tablet computers can be explained by: An increase in the real income of a consumer is one result from an increase in the price of a product that the consumer is buying.
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