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market structurs
Figure below demonstrates a more developed version of the circular flow. In this figure we see how goods flow through various sectors of the economy. Figure Money in the c
Index number formulas
how do i calculate how much the gorverment should spend if the MPC is 0.8 and 200million is requered to reach full employment ?
what is difference b/w dynamic and static multiplier
factors affecting national income
Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
Explain about the diminishing returns to an input. There are diminishing returns to an input while an increase within the quantity of which input, holding the levels of each of
Explain the chain reactions (primary and secondary effects) and show graphs of the following variables: (i) taxes increases, (ii) government spending increases and (iii)repo ra
Criticism of keynesian system
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