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What is a point that lies outside a country's production possibilities curve?
The Country, given its current technology and available resources cannot produce this combination of goods. Presently it is unobtainable
What can an increase in income be expected to cause?
This will depend on whether this increase is temporary or permanent (winning the lottery or increased salary). A temporary increase in income will mainly lead to a temporary increase in savings, whereas a permanent increase in income will increase current consumption. This is referred to as the permanent income hypothesis.
Explain the effects of an unexpected increase in Consumers Expenditure on GNP in an open economy with a government sector using both Keynesian cross and 45 degree diagrams 60 Marks?
An unexpected increase in Consumers Expenditure on GNP has a huge impact on GNP in an open economy country. This is because the increase of consumer expenditure will boost the consumption, and therefore this will enhance the overall productivity of the country. as the output increased, this will result in a reduction of unemployment rate in the country. This will also enhance the disposable income for households, as they have extra money to spend, then this will cause further enhancement of consumption. Also think about leakages and injection within the economy if people begin spending more on export as GNP rises to make use of cheaper raw materials or goods. injections too- if consumer expenditure increases, firms revenues increase thus giving them the opportunity to finance current and future investments.
Does lowering resistance increase current?
Current is proportionally inverse to resistance and when the voltage is fixed, lowering resistance will increase the current
Current environmental issue affecting consumption and consumer products?
global warming ..
What does to expand consumption mean?
To expand consumption would be to increase the consumption by gaining more consumers of a service or product in the current market region or to increase the consumption in other regions.
Does a increase in current limit result in increase in electrical consumption?
Not necessarily. If a load has a low power factor, it will be drawing more current than necessary, but its energy consumption will be no different from it having a high power factor.
Does a increase in current result in increase in electrical consumption?
As you are billed on the consumption of wattage and wattage is the product of amp times volts the answer to your question is yes. An increase in current will result in an increase in electrical consumption.Additional AnswerResidential consumers are billed on their energyconsumption (there is no such thing as 'electrical consumption' as 'electricity' is not a measurable quantity!), expressed in kilowatt hours.There may be several reasons for an increase in load current. For example, if the residential load has a low power factor, it will be drawing more current than necessary, but the energy consumed will be no different from if the load had a high power factor.So, for residential loads, an increase in load current doesn't necessarily mean a higher energy consumption.
Why is the voltage of a current reduced before it is sent around the country?
To increase carrying current
What is a point that lies outside a country's production possibilities curve?
The Country, given its current technology and available resources cannot produce this combination of goods. Presently it is unobtainable
What can an increase in income be expected to cause?
This will depend on whether this increase is temporary or permanent (winning the lottery or increased salary). A temporary increase in income will mainly lead to a temporary increase in savings, whereas a permanent increase in income will increase current consumption. This is referred to as the permanent income hypothesis.
What does the power vs current graph reveal about the relationship between power consumption and current flow in the electrical system?
The power vs current graph shows that power consumption increases as current flow increases in an electrical system. This indicates a direct relationship between power consumption and current flow, where higher current flow results in higher power consumption.
How do you increase current in a battery?
we can increase the current in battery by using current amplifiers or chopper's s the easy way to increase the current in battery........
An increase in ocean salinity can increase what creating a current?
An increase in ocean salinity can increase density creating a convection current.
What happens if you increase the current in an electomagnet?
As current increases, the electromagnet strength will increase.
What is Income not spent on current consumption or taxes is?
saving
Does the magnetic field increase or decrease if the current is decreased?
An increase in an electrical current will cause magnetism to increase but a decrease in an electrical current will cause magnetism to decrease.
