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Question 1 Discuss the relationship between microeconomics and macroeconomics
Question 2 What do you understand production method? What precaution should be taken while calculating national income with the help of this method?
Question 3 Distinguish between aggregate demand function and aggregate supply function
Question 4 The Phillips curve suggests that a sufficiently high percentage of unemployment is needed for non-inflationary price stability. Discuss
Question 5 With the help of graph discuss the determinants of transaction demand
Question 6 Write a note on the nature and sources of economic growth
if a 10% decrease in the price of product A brings about a 3% increase in the sales of product B, then a. product A and B are complementary b. the cross elasticity of demand
Suppose in the Republic of Madison that the regulation of banking rested with the Madison Congress, including the determination of the reserve ratio. The Central Bank of Madison is
Exchange Rate Management: Following two stage devaluation of the Indian rupee in quick succession in July 1991, the government introduced Liberalized Exchange Rate System
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/
Financing of the external payments deficit: The trend in India's widening CAD during the second half of the eighties, both in absolute terms and also as a proportion of the
This assignment lets you explore a quasi-experimental model using ANCOVA data analytical approach. By doing this data analysis project, you will understand a new quantitative resea
Explain why anti-trust legislation supports a perfectly competitive market. Give at least one specific example of legislation to justify your explanation.
(a) Use this information to set up a diagram showing the firm''s total revenue and total cost schedules. In this diagram, show the points at which the firm is maximizing profits.
In a large open economy, if the economy has a fiscal expansion, what would happen in the solow model?
Functions of a Commercial Bank 1. Credit Creation Creation of credit is a major function of a commercial bank. When a bank creates credit or advances loans, there tends
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