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State about the Other interest rates
There are many other interest rates in a society. For example, you will earn interest when you deposit money in a bank account and you will pay interest when you borrow money. These interest rates will depend on the specifics of the deposit and the perceived risk when you borrow money. However, all interest rates are correlated with the market interest rates. When you borrow money, you typically pay a higher interest rate compared to government bonds, and when you lend money, you will receive a lower rate.
What is the formula for computing for national income in a closed economy with government intervention
Consider the following: An economy is found to have output, y = 20000 Also assume that the government runs a deficit where tax revenue T= 4000 and government expenditures G=5000
INTERDEPENDENCE OF MACROECONOMICS AND MICROECONOMICS In microeconomics, the underlying assumption is that the total output, total employment and total spending are given. It th
Q. Definition of Money? Before talking over macroeconomic models we should define what we mean by money. Money has aninteresting and long history and an understanding of how we
A new industry develops, and our government wants to protect it from foreign competition. Which one of the following arguments would appropriately describe this type of protection?
Suppose there is a simultaneous increase in the demand for diamonds and increase in the supply of diamonds. Which of the following will occur as a result of these simultaneous even
Using an aggregate demand and supply diagram, explain how each of the following scenarios affects the equilibrium price level and aggregate output a/Consumers expect a recession b/
what are the implications of corruption in economy and fiscal policy
Define the interpreting the price elasticity of demand. Interpreting the Price Elasticity of Demand: Demand is: a. Elastic when the price elasticity of demand is greater
Explain about the circular-flow of economic activities. Circular-Flow of Economic Activities: Economic Agents: a. Households b. Firms Where they interact:
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