What is the minimum amount of compensation paid to a

The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______

GDP= 12000, tax rate was 15% of GDP, Private savings was 12% of GDP and public savings was 360. Find consumption level of closed economy.

In two commodity worlds if one good is inferior then the other must be

Given the following data for an economy:

National Income: $700 billion

Depreciation: $50 billion

In the Solow Model, what is the impact of an increase in the savings rate on the steady state level of capital per worker?

 According to the Principle of Equal Marginal Sacrifice proposed by Hugh Dalton, an optimal income tax structure is one where:

In which of the following case , the production cost curves shifts downward?

"Ricardo's comparative advantage theory states that...?"