Why is unemployment and inflation high in some countries if the Phillips Curve tells us it impossible to achieve both? When we calculate aggregate demand, expenditure is calculated. Why are exports counted as expenditure when a country actually earns from it?
Demand Schedule | Definition & Curve 5:24 Market Supply Schedule | Definition & Examples 5:48 The Law of Demand | Curve, Downward Sloping & Graph 8:31 Upward-Sloping Supply Curve | Overview, Graph & Examples 8:34 How to Calculate Market Equilibrium 9:05 8:26 Next Lesson Changes...
Marginal Propensity to Consume Formula | How to Calculate MPC from Chapter 7/ Lesson 5 107K This article covers the marginal propensity to consume, how to calculate MPC, and its relation to the marginal propensity to save and the multiplier effect. Relat...
Market demand informs decisions about product development, marketing, and more. Learn about market demand and how to calculate it for your business.
Understand the definition of balance of trade, net exports, and net capital flow. Learn how to calculate balance of trade and net captial inflow with examples. Related to this Question In the short run, what is the impact on the price level and real GDP of a decrea...
How can we calculate the require data using above given fields? 😕 regards, Well its easy. Just try to draw a Load Curve from daily load profile. Take hours in X-axis and the load in Y-axis. You can take 12 pm-12 pm or 6 am-6 am. Draw the curve using the data from the lo...
Calculate the opportunity cost of producing more Food from V to T, R, and Q points. Explain how to determine a firm's cost of production and economic profit. Correlate the firm's output and the quantity of labor in the short run. Explain the influence of costs in the short run on a...
Answer to: Suppose the stock market rises. How does this affect the aggregate demand curve (shift right or left), and which component of aggregate...
The point where supply and demand curves intersect represents the market clearing or market equilibrium price. An increase in demand shifts the demand curve to the right. The two curves then intersect at a higher price, which means consumers are willing to pay more for the product. Equilibriumpr...
You can calculate aggregate demand by adding together the total amount of consumer goods, private investment,government spending, and net exports (exports less imports). Several factors affect the aggregate demand in the economy. They include interest rates, foreign exchange rates, inflation, and inco...