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Q. Inflation and Unemployment
a) Explain your answer why are inflation and unemployment often viewed as the key dare opposite an economy?
b) Explain why Gross Domestic Product (GDP) is often criticized as appraise of economic activity.
c) What indicators may suggest an economy which is heading toward a recession?
d) Converse alternatives to GDP as a measure of economic benefits in a current economy?
Identify and then explain the two most important elements of a contract that every manager should know about. Support your answer with an example or rationale.
In the Castorian Airline market there are only two firms. Each firm is deciding whether to offer a frequent flyer program.
The benefit of cutting down a forest is $1 million now. the environmental cost of that harvest is $10/year forever.
q.given the following annual information about a hypothetical country answer questions a through d.billions of
What is the cross elasticity of demand for pipes and pipe tobacco.
calculate the mean median also mode for the value of a house also for the value of a car. Illustrate what can you surmise about the data.
Illustrate what is the marginal revenue product function. Assume which most workers in Pakistan work 48 hours per week also which there are four weeks in a month.
Explain effect of an open market purchase on interest rates. Make sure you discuss liquidity effect, real income effect, price level effect and inflationary expectations effect.
operate his business as long as he rents at least 7 boats per month, operate his business as long as he rents at least 1 boat per month, operate his business as long as he rents all 10 boats each month.
Illustrate what would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production.
Illustrate what is the economy's MPC? It's MPS. Illustrate what was the APC before the increase in disposable income.
Trace the evolution of work on the laissez-faire doctrine through two arcs. First those theorists who are trying to prove that the system is stable
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