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The following is the information from the national income accounts for a hypothetical country:
GDP Rs. 6000.00
Gross Investment Rs. 800.00
Net Investment Rs. 200.00
Consumption Rs. 4000.00
Govt. purchases of goods & services Rs. 1100.00
Govt. Budget Surplus Rs. 30.00
What is a) NDP
b) Net exports
c) Govt. taxes minus transfers
d) Disposable personal income
e) Personal Saving.
Q. Determine price level from the quantity theory of money? The price level The price level is determined from the quantity theory of money: P = (M.V)/Y
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c) Explain why perfectly competitive markets lead to an allocatively efficient allocation of resources in the long run
economic issues
A normal population has a mean of 12.2 and a standard deviation of 2.5. A) Compute the Z value associated with 14.3. B) What proportion of the population is between 12.2 and 14.3.?
What are between material and non-material progress? • Material progress considers to as economic growth. Growth is only one dimension of development. Growth doesn’t unavoidab
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There are three industrial firms in a quaint town of South Orange where the municipal government wants to reduce pollution to 120 units from uncontrolled level of 210 units. Three
DEFINE IS CURVES AND DRIEVE IT
THE PRODUCT MARKET Z=C+I+G C=a+bYd I=Io+I1Y-I2i Equilibrium condition, Y=Z, where Y represents output and Z is aggregate spending. THE FINANCIAL MARKET Md=MT+Mp MT=MTo+MT1Y Mp=Mpo
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