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Economics p3 post ur doubts here..:)
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less spending is contractionary fiscal policy so , reduces both a BOP deficit and price levels dont increase
What about B?
DO you know of some links regarding this topic? Please share.
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yes..Thank you
What about q.3?
And in 13) isn't it sale maximizing too? Option B?
q3) has mistakes answer shud be B bt its D dnt knw y will figure out and let u know
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he will try to maximise revenue so that earning as a value of sales r greater as possible so mr=o is the revenue maximisation point so B is cotrect
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B will cause imported inflation because devaluation makes imports expensive as ped is inelastic revenue wil increase so A is correct
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topic is the AD AS diagram , govt spendin is part of AD and shifts left so price level will fall
Any links on policies?
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google them
Haha okay.
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Answer is C why can it be D ?
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D
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welfare is in general talking about society so here it involves a high opportunity cost i.e loss of output elsewhere is higher then the gain in fish stock so its C..D is invalid fish stocks r limited and fixed by nature entry wont decrease the overall stock
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as he is incurring loss as AFC is clearly above AR so in the long run he will leave the market...in short run he will set price OY not OX cux its not possible as its clearly outside the AR line
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natural rate of unemployment means frictional unemployment so technological change means bringing machines in making the jobs unsecure so people will start looking for new jobs elsewhere
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plz can anyone tell me what will be the exact gt of economics P-42????
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answer is D how ?
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how B
i read the examiners report , it says net exports will reduce because currency will appreciate , but how do we know if we hav to see the long term or short term effects ?