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What is the key difference between the classical and Keynesian aggregate supply functions?
Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
What did laissez-faire supporters believe about the government?
allow business to function without restrictions
What is Simple theory of Income Determination?
Total income depends on total employment which depends on effective demand which in turn depends on consumption expenditure and investment expenditure. Consumption depends on income and propensity to consume. Investment depends upon the marginal efficiency of capital and the rate of interest. J. M. Keynes made it clear that the level of employment depends on aggregate demand and aggregate supply. The equilibrium level of income or output depends on the relationship between the aggregate demand curve and aggregate supply curve. As Keynes was interested in the immediate problems of the short run, he ignored the aggregate supply function and focused on aggregate demand. And he attributed unemployment to deficiency in aggregate demand.
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Inverse supply and demand functions?
Q=-200+50P inverse supply function
What restrictions apply to the use of aggregate function within the select?
Aggregate functions: COUNT, SUM, MIN, MAX, AVG NOTE: It can be used only in the SELECT list and in the HAVING clause. Using it anywhere else will be incorrect; also you cannot nest aggregate functions.
What is the key difference between the classical and Keynesian aggregate supply functions?
Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
What function in MS Excel which checks the logical condition of a statement?
IF function
What are aggregate function in sql explain any 5 aggregate function with example?
Aggregate FunctionsMINreturns the smallest value in a given columnMAXreturns the largest value in a given columnSUMreturns the sum of the numeric values in a given columnAVGreturns the average value of a given columnCOUNTreturns the total number of values in a given columnCOUNT(*)returns the number of rows in a tableAggregate functions are used to compute against a "returned column of numeric data" from your SELECT statement. They basically summarize the results of a particular column of selected data. We are covering these here since they are required by the next topic, "GROUP BY". Although they are required for the "GROUP BY" clause, these functions can be used without the "GROUP BY" clause. For example:SELECT AVG(salary)FROM employee;This statement will return a single result which contains the average value of everything returned in the salary column from the employee table.Another example:SELECT AVG(salary)FROM employee;WHERE title = 'Programmer';This statement will return the average salary for all employees whose title is equal to 'Programmer'Example:SELECT Count(*)FROM employees;This particular statement is slightly different from the other aggregate functions since there isn't a column supplied to the count function. This statement will return the number of rows in the employees table
What statement causes a function to executed in PHP?
All usable statements in PHP can cause a function to be executed - however, that's not to say that every statement will execute a function. A statement is defined by the programmer, who it is ultimately the one responsible for including a function, more than one function, or no functions.
In C programming language what are the so called functions statement statement block function block and expressions?
Statements are composed from expressions. A semi-colon turns an expression into a statement. A function is not a statement it is a type definition. A statement block is a compound statement, one or more statements delimited by braces, {}. A function block is the body of a function. The body must be enclosed in braces, {}.
Why do piecewise functions have restrictions on the x-value?
Piecewise functions have restrictions on the x-values to define specific intervals or conditions under which each piece of the function is applicable. These restrictions ensure that the function is well-defined and behaves consistently within those intervals, allowing for different expressions or rules to apply based on the input value. By segmenting the domain, piecewise functions can model complex behaviors that may not be captured by a single expression.
What is a function that performs some mathematical function against a group of records?
Aggregate Function
Function that performs a mathematical function against a group of records?
You can create a function in a programming language like Python or SQL that takes a group of records as input and performs a mathematical operation on them. This function would iterate through the records, apply the specified mathematical operation, and return the result. For example, in SQL you can use aggregate functions like SUM, AVG, MAX, MIN, etc. to perform calculations on groups of records.
What function that call themselves are called to c programme?
Functions in C language may call themselves (ie can be recursive) without restrictions.
What is a function statement?
A function statement is a block where the function is declared and defined.
Is both an endocrine and an exocrine gland?
No. Adrenal gland has got only endocrine function. It does not have exocrine functions.
