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How does macro-economic stabilisation assist growth?
Economic agents as the consumers, private zone and overseas investors as like multi nationals make decisions based onto confidence and certainty. Inflation and exchange rate fluctuations make this complicated to plan ahead and decrease confidence into the economy. Investment therefore growth is decreased.While governments deliver macro stability the domestic private zone and overseas investors have enhanced confidence, increased expectations and raise planned investment. FDI increase Making sure macroeconomic stability implies
Hatfield owned a large farm on which he grew grain. His combine was inadequate in relation to the acreage of grain that he harvested annually. As a result, on several occasions his
Managerial economics bridges the gap between economic theory and practice
What are Rostowís assumptions? Assumptions of Rostowís: • Economic development procedure is universal which is all countries whether within Africa or Asia go by the same se
Question 1: (a) Explain, giving examples, the law of diminishing returns, clearly bringing out the relationship between cost curves and product curves in the short run. (
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Question: (a) State whether the following statements are TRUE or FALSE. Justify briefly your answer. (i) Money is the most liquid medium to store value. (ii) An increa
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