Economics Answers

according to the keynesian model,the factors that influence a household's induced consumption are the marginal propensity to consume and...

if Govt. impose 1 Rs tax on cigarettes packets, how it will affect the consumer surplus and producer surplus. the equilibrium price is 4 Rs and equilibrium quantity is 100 packets. construct the graph and explain it.

Greater integration of domestic industries with global production network (GPN) must form an essential part in the make in India initiative. Discuss.

What is the 'divine coincidence' and why is it difficult to implement?

1) How does the 'efficiency wage' prevent the economy from achieving full-employment?

2) With the help of Lucas' model, show how supply and demand shocks are mitigated in the presence of rational expectations and Lucas' supply curve.

The demand for ice cream cones is P=1600 and Qd is 2
The supply of ice cream cones is P =400 and Qs is 1. The price of a cone is expressed in cents, and the quantities are expressed in cones per day. To find the equilibrium price (P*) and the equilibrium quantity (Q*), substitute Q* for QD and QS and P* for P. (8 marks). (FOR QD, P=a-bQd and for QS, P=c+dQS).

In a large economy such as ours, it is impossible to simply count how many times each dollar changes hands (velocity). H ow do we calculate V?

How is the forward looking monetary policy different from its backward looking counterpart?

what would be determinants of countrys production possibility curve boundary

An increase in the price of good X results in fall in demand for good Y. This implies that the two goods are?