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What are the important aspects in tracking the macro-economy?
Important aspects in tracking the macro-economy:
a. How economists utilizes aggregate measures to track the presentation of the economy.
b. What gross domestic product (GDP) is and also the three methods of computing this.
c. The dissimilarity between real and nominal GDP and why real GDP is the suitable measure of real economic performance
d. The meaning of the unemployment rate and how this moves over the business cycle.
e. What a price index is and how this is used to compute the inflation rate.
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
If population growth carry on then there will not be sufficient resources around for everyone this will lead to an event such as famine / war, which will decrease the population.
A coil of inductance 0.04H and resistance 10Ω is linked to a 120V, d.c. supply. Determine (a) The ?nal value of current, (b) The time constant of the circuit, (c) The va
The Budget Line: The Consumer Constraints The consumer would like to maximize his satisfaction by reaching the highest possible indifference curve. But in the process, he faces
Could you please tell me an example and describe example of macroeconomics?
#five differnces between a monopoly market and a monopolistic market
Note and explain the identification problem associated with the following statement. "During Bill Clinton's presidency the US economy saw unusually strong economic growth; thus, Mr
In the long-run framework, deficits reduce: A. investment. B. taxes. C. government consumption. D. subsidies.
When Sonoma Vineyards reduces the price of its Cabernet Sauvignon from $15 a bottle to $12 a bottle, the result is an increase in a. the demand for this wine b. the supply of
what are the objectives of the determinants of investments
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