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Why are the imports subtracted when GDP is measured in expenditure approach?
If you woke up in the working & found that nominal GDP has doubled overnight.
what statistic would you require to check before you began to celebrate: Why?
discuss the effect that the activities of a trade union might have on an economy?
Index number formulas
What is the development process? Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. A reduction of poverty
Q. Define do you mean by GDP growth? By (nominal) GDP-growth we mean the percentage change in (nominal) GDP over a specific period of time. Real GDP growth is defined as percen
When a government spends more than it receives in taxes; it runs a budget deficit, which is generally covered by issuing debt obligations to domestic and/or international investors
c=100+0.8yd
what is the function of a budget
1.the AD curve represents at the same time the demand for goods, money and labor in the economy 2.in the AS-AD model, higher competition among producers leads to a medium run equil
A company is researching the effectiveness of a new web site design to decrease the time to access a website. Five web site users were randomly selected and their times (in seconds
factor for long run trend of term of trade
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