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less spending is contractionary fiscal policy so , reduces both a BOP deficit and price levels dont increaseAnswer is A. Why?
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What about B?less spending is contractionary fiscal policy so , reduces both a BOP deficit and price levels dont increase
yes..Thank you
What about q.3?
And in 13) isn't it sale maximizing too? Option B?
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 cotrectAnswer is B.
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B will cause imported inflation because devaluation makes imports expensive as ped is inelastic revenue wil increase so A is correctAnswer is A. Why?
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topic is the AD AS diagram , govt spendin is part of AD and shifts left so price level will fallWhat about B?
DO you know of some links regarding this topic? Please share.
Any links on policies?topic is the AD AS diagram , govt spendin is part of AD and shifts left so price level will fall
google themAny links on policies?
Haha okay.google them
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 stockView attachment 44482
Answer is C why can it be D ?
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
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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