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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
(Consumer Price Index)Given the following data, what was the value of the consumer price index in the base year? Calculate the annual rate of consumer price inflation in 2013 in ea
Upon taking his first job at college your Dad earns an annual salary of $38,000 and set a goal to earn $10000 per year. If his salary increases at an average annual rate of 12% how
what are the limitation of economies scales
What is the relationship between deposit multipier,Credit Multiplier and Deposit multiplier?
While referring to the "EYE on YOUR LIFE" section on page 183 of the textbook, apply this concept to your life. Develop your own policy position on price floors and price ceilings.
A seafood restaurant in a beach resort town has a fixed (unavoidable) cost of $1,000 per month and variable (avoidable) costs of another $1,000 per month. Its total revenues over t
In multiple regression analysis, before testing the significance of the individual regression coefficients, (a) the intercept must equal 0. (b) the multiple standard error of the e
discuss four weaknesses of using national income statistics in comparing living standards between two countries
2. Given the following information: Consumers are very optimistic about the future. The price of oil has just doubled. The money supply is growing at a 6% rate. The government has
Q. Explain AS-AD model and inflation? Even though AS-AD permits changes in the price level, it doesn't allow for persistent inflation or deflation. We can't have continued decr
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