BA1 Exam Dumps : Fundamentals of Business Economics

The model is based on historical data, so it is of little use in making forecasts

1 percent increase in the number of fixed broadband internet subscribers will lead to 0 3 percent increase in household final consumption expenditure.

A non-linear relationship is suggested by the model between household final consumption expenditure and the number of fixed broadband internet subscribers.

The model makes accurate forecasts on household final consumption expenditure in Country and therefore it should be widely applied to most countries and regions.

selling government bonds and lowering interest rates

selling government bonds and raising interest rates

buying government bonds and raising interest rates

buying government bonds and lowering interest rates

the price that is determined by demand and supply.

the price that includes tax

the value that is adjusted for inflation.

the price that maximise profits.