Analyst Questions

Macroeconomics is the study of overall aggregate changes, behavior and performance of the economy of the country i.e, unemployment, GDP, inflation, etc...

The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

Qatar team won their first-ever Asian Cup title in Football by defeating Japan.

Engineer's Day is celebrated on the birth anniversary of Sir Mokshagundam Visvesvaraya in the memory of his contributions in engineering. Every year on his birthday i.e, on September 15 National Engineers Day is celebrated all over the country.

A trade bloc is a type of intergovernmental agreement for a group of countries where barriers to trade are reduced or eliminated among the participating states and less competition and for economic integration.

Product costs are also called Inventoriable Costs, since the product costs are used to value their goods in inventory.

The process of absorbtion of rain water by the soil on the earth is called infiltration. By this process, the rain water that falls on the soil becomes ground water.