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The word double-dip is a negative -situation .This scenario has economically shall move back and switch in to a deeper and longer worse situation. A double dip recession states to a collapse recession as given by short-lived recovery, however gross domestic product number of turn up to worstbut most of goods take account of a slowdown in the demand for goods and services however of layoffs and expenditure reduction from the earlier downturn. Before a part or double of progressive evolution. Basically A double-dip depression mentions to a recession monitored by a short-term recovery, followed by a different collapse. The reasons for a double-dip recession fluctuate nevertheless time and again consist of a go-slow in the request for merchandises and services for the reason that of layoffs and outgoings money reductions as of the earlier recession. Mostly dip recession is happened where a recession identified to be easing and goes to back into recession again. But government has a path of handling and fixing number to show whatever it wants however this is massive challenging for financial and economic fall down that will more chances to end of the stage country's economy. in this case everybody will lose their life saving, there will be food riots, and more chances government will collapse.
For the special case when firms are price takers, what is the relation between total revenue, average revenue, marginal revenue and price?
QUESTION 1 (a) Compare and contrast the main theories of a demand for money. (b) Specify a money demand function for a small island economy like Mauritius. QUESTION 2
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Why do all multinational automakers choose to use FDI to enter this industry? What are the drawbacks of using other entry modes such as exporting and licensing?
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What are the external constraints on government action less developed countries? External Constraints on Government Action LDCs face external factors beyond their control are:
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