Income output ad - Study guides, Class notes & Summaries

Accelerator Effect - Answer Capital investment is linked positively to expected growth of consumer demand. If National income rises then Investment is expected to rise. The relation between the change in new investment and the rate of change of national income. Aggregate Demand - Answer The total spending on goods and services in an economy AD=C+I+G+(X-M) Aggregate Supply - Answer The total value of goods and services supplied in the economy Aggregate Supply Shock - Answer Eit...

Expansionary Fiscal Policy (increases/decreases) real output, employment and national income - Answer-increases Contrationary Fiscal Policy (increases/decreases) real output, employment and national income - Answer-decreases Expansionary or Contractionary Fiscal Policy? Increases in the AD curve - Answer-Expansionary Expansionary or Contractionary Fiscal Policy? Will cause a budget surplus - Answer-Contractionary Expansionary or Contractionary Fiscal Policy? Increasing government spendi...

Test Bank Lutz’s Nutrition and Diet Therapy 6th Edition Mazur LitchContents Chapter 1: Nutrition in Human Health .................................................................................................. 2 Chapter 2: Carbohydrates ................................................................................................................. 19 Chapter 3: Fats .................................................................................................................................

Macroeconomics Exam Questions With Verified Solutions 1) Over a long period of time, perhaps many years, changes in real GDP come primarily from A) leftward shifts of the AD curve. B) upward shifts of the AE curve. C) upward shifts of the AS curve. D) continuous increases in potential GDP. E) rightward shifts of the AD curve. - answerD 2) In the long run, changes in average material living standards are best shown by A) population growth. B) improvements in monetary policy. C) growth ...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

Macroeconomics Exam Questions With Verified Solutions 1) Over a long period of time, perhaps many years, changes in real GDP come primarily from A) leftward shifts of the AD curve. B) upward shifts of the AE curve. C) upward shifts of the AS curve. D) continuous increases in potential GDP. E) rightward shifts of the AD curve. - answerD 2) In the long run, changes in average material living standards are best shown by A) population growth. B) improvements in monetary policy. C) growth ...

Absolute advantage correct answers When a country's output of a product per unit of input is greater than that of any other country. Absolute poverty correct answers When a person does not have the income or wealth to fulfil their basic needs. Aggregate Demand (AD) correct answers The total demand/spending in an economy at a given price level over a given period of time. Made up of consumption, investment, government spending and net external demand. Aggregate Supply (AS) correct answe...

Kindly direct content-related queries to your e-tutor on the discussion forum of your e-tutors website on myUnisa and contact the university administration if you have any problems regarding all others matters. How can students contact Unisa? Visit the myUnisa website. Click on the "Contact" icon where you will find all the necessary contact details. Please only contact your lecturers with content-related queries if you are unsatisfied with the response of your e-tutor. We trust ...

Macro Essay Plans Exam With 100% Correct Answers 2024 Evaluate the view that free-market supply-side reforms are beneficial to the UK economy [25] - correct answer-Supply side policies are the set of micro and macro government policies used to improve national economic performance by creating more competitive & efficient markets. Decrease NMW & benefits (reduced real wage unemployment), reduced income so increased incentive to work, increased labour supply, decrease wage costs, increase S...

Primary sector Sector of an economy which covers the extraction of raw materials, such as precious metals, wheat and coal. Benefits of FDI Capital inflows create higher output and jobs. Capital inflows can help finance a current account deficit. Long term capital inflows are more sustainable than short term portfolio inflows. e.g. in a credit crunch, banks can easily withdraw portfolio investment, but capital investment is less prone to sudden withdrawals. Recipient country can benef...