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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?
Which of the following is a reason why the aggregate demand curve slopes downward? a. At a higher price level, fewer goods and services are available. b. Periods when the price lev
Assume a sudden collapse in the stock exchange of an economy is expected to reduce the future profitability of the firms of the economy. Construct loanable funds market in a c
it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run
how can we derive IS curve why has it negative slope
WHY IS INTERNATIONAL TRADE IMPORTANT IN SOUTH AFRICA
The graph shows that if policymakers respond immediately to an oil price shock by stimulating aggregate demand, shifting AD to AD* then the level of output will remain constant. Th
Q. Explain Consumer Price Index? CPI is a price index of a particular basket known as the CPI-basket. CPI-basket comprise essentially all the servicesand goods consumed in a co
What are the four managerial factors that lead to diseconomies of scale
The system where workers concentrate on specialized tasks to make a product is referred to as: A. Coincedence of wants B. Roundabout production C.Freedom of enterprise
P and Y are both endogenous variables and according to the quantity theory of money we need P.Y = constant. If we divide both sides by P we get Y = constant / P. Because Y = Y D i
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