Question: 53-How the consumer can get the optimal level of satisfaction? Answer: A point where the indifference curve is tangent to the budget constraint is called optimal level of satisfaction. A consumer achieves his highest level of satisfaction by choosing the point on the budget constraint that is on the highest indifference curve. Question: 55-What does near money mean? Answer: …
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ECO403 GDB 01 Solution Required Spring 2013
Total Marks 20 Starting Date Friday, May 10, 2013 Closing Date Tuesday, May 14, 2013 Status Open Question/Description The Case:MAGA-DEVELOPER is one of the top leading Bungalows constructing companies in Singapore. Directly and indirectly MAGA-DEVELOPER accounts for 27% of Gross Domestic Product, 40% of exports, 15% of imports and employs 17% of the total labor force. It has been …
Read More »ECO403 Assignment no 01 Spring 2013
SEMESTER SPRING 2013 MACROECONOMICS (ECO403) ASSIGNMENT NO. 01 DUE DATE: 07TH MAY, 2013 MARKS: 20 ASSIGNMENT: The Case: Gambia is a country located in West Africa. It is surrounded by Senegal, apart from a short strip of Atlantic coastline at its western end. It is the smallest country on mainland Africa. Major exportable products are fish, cotton, peanuts and …
Read More »ECO403 Assignment no 02 solution fall 2012 by VU
SEMESTERFALL2012 MACROECONOMICS (ECO403) ASSIGNMENTNO.02 DUEDATE:31 JANUARY2013 MARKS:25 ASSIGNMENT: The Case: Egypt is one of the most popular tourist destinations in the entire world and growing economy of Africa. The Egyptian economy depends on petroleum exports, media, textile and tourism. In 2008, more than 12.8 million tourists visited Egypt providing revenues of nearly 1 trillion rupees. As tourism industry is the major source of revenue …
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MACROECONOMICS (ECO403) ASSIGNMENT NO. 02 DUE DATE: 31ST JANUARY 2013 MARKS: 25 ASSIGNMENT: The Case: Egypt is one of the most popular tourist destinations in the entire world and growing economy of Africa. The Egyptian economy depends on petroleum exports, media, textile and tourism. In 2008, more than 12.8 million tourists visited Egypt providing revenues of nearly 1 trillion rupees. As …
Read More »ECO403 Solved MCQ and Quizes For Mid Term Papers
VUAssignments.com upload the Solved Solution of ECO403 MCQs and Quizzes. Try to solved the given Quizs and MCQs yourself for the better preparation of your upcoming Quizs and Papers Question he supply of labor curve shows: Select correct option: A positive relationship between the real wage and the number of workers who are willing to work. An inverse relationship between …
Read More »ECO403 Assignment 1 Solution Fall 2012 will upload soon
Togo is a country in West Africa bordered by Ghana to the west. French is the core language of the people of Togo. Being an agrarian economy, more than 60% population is engaged in agricultural or pastures sector. Togo is the world’s largest producer of phosphate after Senegal and South Africa. Although this sub-Saharan economy is heavily dependent on agriculture …
Read More »ECO403 Quizs 1 Fall 2012 will open on 12 November 2012
Quiz-01 Macroeconomics (ECO403) Dear Students This is to inform that quiz-01 will be opened at 12 November, 2012 and last date to attempt quiz is 13 November, 2012. Instructions You can start attempting the quiz at any time but within given date(s) by clicking the quick link for Quiz on VU-LMS as it will become enabled within the mentioned dates. As soon as the …
Read More »ECO403 GDB#2 Solution Fall 2012
The case: Pakistan is an agricultural based economy. Most of our industries, export earnings and employments are interrelated to agricultural sector. According to facts and figures, about 25% of Pakistan’s total land area is under cultivation, agricultural sector accounts for 23% of GDP and employs about 47% of total labor force. In other words, we can say Pakistan’s agricultural industry …
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