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Q. Describe about Capital?
By capital we characteristically mean manufactured goods which are used to produce other services and goods though aren't used up in the production process (like computers and machines). Sometimes we use term fixed capital in place of capital to distinguish capital from financial capital that comprise bank deposits, bonds, stocks and other assets. Fixed capital is sometimes divided into physical capital and immaterial capital like individual capital (skills,talent, and knowledge) and social capital.
Why is GNP C+ I + G + (X- M)+ NR + NP. What is relationship between X - M and NR + NP
Consider a market where supply and demand are given by QXS = -12 + PX and QXd = 78 - 2PX. Suppose the government imposes a price floor of $35, and agrees to purchase any and all un
Determine the Long-term direct investment flows Long-term direct investment flows are when investors buy physical assets like land or capital equipment in another nation. This
Money is generally considered to have three economic functions: A medium of exchange. This is its most significant role. Without money we would live in a barter economy wher
Q1. A company selling widgets advertises through three types of media: print, television and internet. Recently the company has decided to increase its advertising budget by $100,0
what is economic integration
There are very examples of perfect competition. Yet in the study of industrial organization, significant discussion is focused on this type of market. Explain why.
What is the different between price effect and sales effect? Both relate to Elasticity and Total Revenue: a. A price effect: After a price raise, all unit sold sells at a hi
The problem with the Keynesian model We can classify two problems with the Keynesian model as developed so far: 1. Π is exogenous. Although inflation may temporarily deviate
What does a shift in the demand to the right mean? Why does the demand curve shift?
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