inflation, Macroeconomics

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what are the causes of inflationary gap

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Relate overnight rate with money supply When the overnight interest rate decreases, the money supply increases When the overnight interest rate increases, the money supply d

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Aggregate demand and Say's Law  Y D = Y S in the classical model (Say's law) Aggregate demand Y D is defined as quantity of nationally produced

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What is average cost in the producing output? Average total cost , frequently considered as to simply average cost, is sum of total cost divided through quantity of output gen

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What are long run and short run? Long run: It is the time period wherein all inputs cannot be fixed. Short run: It is the time period within which at least one in

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what are the advantages and disadvantages of unemployment

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Four different measures of GDP Using circular flow model we see that there are 4 equivalent ways of measuring GDP:  Using the definition: market value of all finished goo

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