Economics p3 post ur doubts here..:)

[AlphaBeta]

wb B?

quota inc da pric ,bcz supply bcms perfectly inelastic

 

[AlphaBeta]

View attachment 44748

automatic stabilizers , btw wat year is this ?

 

[David Hussey]

chng in qty = 15%
so b4 was 1000 qty
now 1000 *85%=850

y r u multiplying by 85%? that doesnt make any sense -.-
nevermind ill stick to my method

 

[David Hussey]

automatic stabilizers , btw wat year is this ?

id remember i think 2013
but it says govt takes no action

 

[AlphaBeta]

how D?

 

[AlphaBeta]

y r u multiplying by 85%? that doesnt make any sense -.-
nevermind ill stick to my method

basic maths , without multiplyin from 15% and minusin da value from 1000 i just multiplied from 85%

 

[AlphaBeta]

id remember i think 2013
but it says govt takes no action

for automatic stablilsers to work govt no need to take any actions thats why its called "automatic"

 

[:: A^]

View attachment 44754
how D?

because others are wrong thats why

 

[AlphaBeta]

Answer D but i thought D is cost push :/ why not A ?

 

[AlphaBeta]

because others are wrong thats why

Genius btw u found any videos on youtube on this topic ?

 

[angel404]

View attachment 44754
how D?

because the rich are more likely to save more of their extra income than the poor. a poor man would spend a larger part of his extra income because he really needed that extra income.therefore mpc is less than apc at high income levels

 

[angel404]

View attachment 44755
Answer D but i thought D is cost push :/ why not A ?

the imposition of import controls would switch consumer demand to local goods...therefore demand pull for local goods as imported goods are now expensive

 

[AlphaBeta]

the imposition of import controls would switch consumer demand to local goods...therefore demand pull for local goods as imported goods are now expensive

why not A ? appreciation means imports are cheaper , so demandin more imports ?

 

[:: A^]

View attachment 44755
Answer D but i thought D is cost push :/ why not A ?

A, the imports become cheaper, so no inflation there.
D because since import becomes expensive, people will demand more local goods.

 

[AlphaBeta]

A, the imports become cheaper, so no inflation there.
D because since import becomes expensive, people will demand more local goods.

oh ya AD is X-M not M-X

 

[angel404]

the answer is D....why not A?

 

[AlphaBeta]

the answer is D....why not A?

firm ceasin to produce wen AR<AVC in this case TR<TVC

 

[angel404]

firm ceasin to produce wen AR<AVC in this case TR<TVC

i get that,but why not when the firm earns less than normal profits?

 

[AlphaBeta]

i get that,but why not when the firm earns less than normal profits?

just apply this , not anytng else

 

[angel404]

okay...thanks.

what about this one?


i understand why its B,but why isnt it A? I thought balance of payments deficits were inflationary?