What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation
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(2) Stagnation Explanation: Deficient demand refers to the situation when aggregate demand for goods and services falls short of aggregate supply of output which is produced by fully employing the given resources of the economy. This deficient demand leads to the decrease in output, employment and prices in the economy. According to Malthus, deficiency of demand could lead to stagnation in which both capital and labor are redundant relative to the opportunities for employing them profitably.
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What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

Description : What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

Last Answer : Stagnation

Stagflation is a situation of - (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Description : Stagflation is a situation of - (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Last Answer : (3) stagnation and inflation Explanation: Stagflation is a situation of stagnation in which the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. Stagflation occurs ... t growing but prices are, which is not a good situation for a country to be in

Beyond a certain point deficit financing will certainly lead to - (1) inflation (2) deflation (3) recession (4) economic stagnation

Description : Beyond a certain point deficit financing will certainly lead to - (1) inflation (2) deflation (3) recession (4) economic stagnation

Last Answer : (1) inflation Explanation: Deficit financing is a practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds ... increasing the money supply and the purchasing power of the people which increases the aggregate demand.

Stagflation is a situation of (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Description : Stagflation is a situation of (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Last Answer :  stagnation and inflation

Beyond a certain point deficit financing will certainly lead to (1) inflation (2) deflation (3) recession (4) economic stagnation

Description : Beyond a certain point deficit financing will certainly lead to (1) inflation (2) deflation (3) recession (4) economic stagnation

Last Answer : inflation

When too much money is chasing too few goods, the situation is - (1) deflation (2) inflation (3) recession (4) stagflation

Description : When too much money is chasing too few goods, the situation is - (1) deflation (2) inflation (3) recession (4) stagflation

Last Answer : (2) inflation Explanation: Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and ... few goods", since only money that is spent on goods and services can cause inflation.

When too much money is chasing too few goods, the situation is - (1) Deflation (2) Inflation (3) Recession (4) Stagflation

Description : When too much money is chasing too few goods, the situation is - (1) Deflation (2) Inflation (3) Recession (4) Stagflation

Last Answer : (2) Inflation Explanation: Inflation occurs when too much money is chasing too few goods. The prevailing view in mainstream economics is that inflation is caused by the interaction of the supply of ... prices is a result from an increase in the supply of money by central banking authorities.

When too much money is chasing too few goods, the situation is (1) deflation (2) inflation (3) recession (4) stagflation

Description : When too much money is chasing too few goods, the situation is (1) deflation (2) inflation (3) recession (4) stagflation

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Lorenz curve shows - (1) Inflation (2) Unemployment (3) Income distribution (4) Poverty

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Lorenz curve shows (1) Inflation (2) Unemployment (3) Income distribution (4) Poverty

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Last Answer : Income distribution

Match List-I (Type of Unemployment) with List-II (Characteristics) and select the correct answer using the codes given below: L ist-I L ist -I I (Type of (Char acter ist ics) Unem ployment ) A. Seasonal I. Occurs during boom or recession in the economy B. Frictional II. An absence of demand for a certain type of workers C. Disguised III. Occurs when moving from one job to another D. Structural IV. Actual contribution by the additional labour is nil E. Cyclical V. Job opportunities during certain months in the year

Description : Match List-I (Type of Unemployment) with List-II (Characteristics) and select the correct answer using the codes given below: L ist-I L ist -I I (Type of (Char acter ist ics) Unem ... contribution by the additional labour is nil E. Cyclical V. Job opportunities during certain months in the year

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One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Description : One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : (4) Diversification of exports Explanation: India has rapidly diversified its exports markets from the traditional export partners towards emerging and developing economies. This has played a crucial ... export markets can be noted from the narrowing dependence on selected economies for exports.

Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital stock used for current production. (4) rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Description : Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : (3) is a measure of the proportional of the existing capital stock used for current production. Explanation: Capacity utilisation refers to the extent or level to which the productive capacity of a ... as a percentage, it is computed by dividing the total capacity with the portion being utilized.

One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Description : One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

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Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital stock used for current production. (4) rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Description : Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : is a measure of the proportional of the existing capital stock used for current production.

Inflation is caused by certain factors 1. Those causing an increase in demand 2. Those a short, fall in supply 3. Structural rigidities in the economy 4. All of these 5. None of these

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Description : A very high rise in National Income at current market prices and a low rise at constant prices reveals (1) the high rate of growth in the economy at the current period (2) the increased production ... (3) the improper growth of the economy (4) the high rate of inflation prevailing in the economy 

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The process of curing inflation by reducing money supply is called - (1) Cost-push inflation (2) Demand-pull inflation (3) Disinflation (4) Reflation

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Description : The function of a government by which it seeks to seek a balance of employment, demand-supply, and inflation, is known as: a) Distribution function b) Allocation function c) Stabilization d) Protection

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Demand pull inflation may be caused by (a) An increase in cost (b) A decrease in interest rate © A reduction in government spending (d) An outward shift of aggregate supply.

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The process of curing inflation by reducing money supply is called (1) Cost-push inflation (2) Demand-pull inflation (3) Disinflation (4) Reflation

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Inflation occurs when aggregate supply is (1) more than aggregate demand (2) less than aggregate demand (3) equal to aggregate demand (4) None of these

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assume that a hypothetical economy with an mpc of 0.8 is experiencing severe recession. -General Knowledge

Description : assume that a hypothetical economy with an mpc of 0.8 is experiencing severe recession. -General Knowledge

Last Answer : $5 billion is the answer.

How does the government typically change physical policy to try to improve the US economy during a recitation recession recession?

Description : How does the government typically change physical policy to try to improve the US economy during a recitation recession recession?

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The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is ? 1. recovery 2. prosperity 3. depression 4. recession 5. growth

Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is ? 1. recovery 2. prosperity 3. depression 4. recession 5. growth

Last Answer : depression

The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is: A)recovery B)prosperity C)depression D)recession E)growth

Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is: A)recovery B)prosperity C)depression D)recession E)growth

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Capital formation in an economy depends on - (1) Total Income (2) Tot al demand (3) Total savings (4) Total production

Description : Capital formation in an economy depends on - (1) Total Income (2) Tot al demand (3) Total savings (4) Total production

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In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market

Description : In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market

Last Answer : (1) Demand and Supply Explanation: Capitalism generally refers to economic system in which the means of production are largely or entirely privately owned and operated for a profit, structured on the ... and services lead to higher prices and lower demand for certain goods lead to lower prices.

motion that seeks to reduce the amount of demand presented by government to Re. 1 /is known as - (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Description : motion that seeks to reduce the amount of demand presented by government to Re. 1 /is known as - (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

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Capital formation in an economy depends on (1) Total Income (2) Total demand (3) Total savings (4) Total production

Description : Capital formation in an economy depends on (1) Total Income (2) Total demand (3) Total savings (4) Total production

Last Answer : Total savings

A motion that seeks to reduce the amount of demand presented by government to Re. 1/is known as (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Description : A motion that seeks to reduce the amount of demand presented by government to Re. 1/is known as (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

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In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and supply forces in the market (3) the private-sector takes all the decisions for price-determination of various commodities produced (4) the Government controls the allocation of all the factors of production

Description : In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and ... of various commodities produced (4) the Government controls the allocation of all the factors of production

Last Answer : the Government does not interfere in the free functioning of demand and supply forces in the market

In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market

Description : In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market

Last Answer :  Demand and Supply

Is it possible to keep the ecomomy at constant growth or are we always doomed to a recession?

Description : Is it possible to keep the ecomomy at constant growth or are we always doomed to a recession?

Last Answer : I believe everything in life is cyclical so there will always be recessions. The difference is the way we approach them to determine how long they will last.

Are we in a double dip recession here in the US?

Description : Are we in a double dip recession here in the US?

Last Answer : answer:No. The economy is still growing, just not very rapidly. The technical definition of a recession is two straight quarters of GDP shrinkage. The latest numbers on GDP growth, jobs and trade ballance are ... and somehow think that porsperity will come to us as long as we do nothing to help it.

Will we have a double dip recession in 2010?

Description : Will we have a double dip recession in 2010?

Last Answer : answer:There are many who refuse to believe that we have had a recession, but considering that many companies have figured out how to make a profit without hiring and the true extent of unemployment ( ... still tend to head downwards. But as long as the CEOs are collecting record bonuses, who cares?

If there is a global recession then why do all companies just not cut prices?

Description : If there is a global recession then why do all companies just not cut prices?

Last Answer : The problem is that it's the companies which are losing money, which is why employees' income is being reduced and people are losing their jobs. If the companies cut their profits, more ... more expensive things which will cause other companies to lose money. It's a downward-spiral unfortunately.

Why would you call this a recession/depression?

Description : Why would you call this a recession/depression?

Last Answer : We are not currently in a recession, but we will likely soon be if we don’t regain some faith in the market.

Short term contractions and expansions in economic activity are called (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Description : Short term contractions and expansions in economic activity are called (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Last Answer : (4) The business cycle Explanation: The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. It is basically defined in terms of periods ... incomes. During recessions, the economy contracts, as measured by decreases in the above indicators.

8. Immediately after a trough, we would expect to have a/an a. peak b. recession c. recovery

Description : 8. Immediately after a trough, we would expect to have a/an a. peak b. recession c. recovery

Last Answer : c. recovery

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Description : The phase of gradual fall in income, output and employment is a. Boom b. Recession c. Depression d. Recovery

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Description : A period of expansion and contraction measured by real GDP is called (a) Business cycle (b) Expansion © Recession (d) Contraction

Last Answer : (a) Business cycle

Short term contractions and expansions in economic activity are called _____ (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Description : Short term contractions and expansions in economic activity are called _____ (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Last Answer : The business cycle