MEDIUM
Earn 100

What is meant by aggregate output in macroeconomics?

100% studentsanswered this correctly

Important Questions on Open Economy Macroeconomics

MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What is the law of variable proportions?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Ms. Jayshree recently completed her Post Graduate Diploma in Human Resource Management and was appointed as the human resource manager of a large steel manufacturing company planning to expand by hiring 200 additional employees. She has been given complete charge of the company’s Human Resource Department. What steps should Ms. Jayshree take to perform her job efficiently?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What does it mean to issue debentures at a discount and redeemable at a premium?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Distinguish between training and development.
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What is the law of diminishing marginal product?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What is the marginal product of an input?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Which management concept ensures that each employee has only one direct supervisor?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What is the meaning of ‘Debentures issued as a collateral security’?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What is informal communication?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Which function of management helps in building interpersonal relationships within the organization?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Explain the concepts of the short run and the long run.
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Which style of leadership does not believe in use of power unless it is absolutely essential?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Consider the demand curve D(p) = 10 – 3p. What is the elasticity at price 5/3?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Suppose the price elasticity of demand for a good is –0.2. If there is a 5 % increase in the price of the good, by what percentage will the demand for the good go down?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What does ‘Issue of debentures for consideration other than cash’ mean?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Explain the significance of Taylor's Scientific Management.
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What does a bearer debenture mean?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
What is meant by a debenture?
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
State the meaning of principles of management.
MEDIUM
Economics>Macroeconomics>Open Economy Macroeconomics>Basic Concepts of Open Economy
Which of the following is an example of a financial objective of management?