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Economy could become stuck, According to Keynes, the economy could become s...
According to Keynes, the economy could become stuck at a low income level if: A. aggregate demand and aggregate supply are independent of one another. B. declines in aggregate dema
Supply and Demand, During the 1990s, technological advance reduced the cost...
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr
Aggregate supply in as-ad model, Q. Aggregate supply in AS-AD model? In...
Q. Aggregate supply in AS-AD model? In order to figure out all the variables in AS-AD model, we need one more equilibrium condition so that we can identify a unique point on AD
Difficulties in measuring the national income, DIFFICULTIES IN MEASURING TH...
DIFFICULTIES IN MEASURING THE NATIONAL INCOME There are some conceptual and statistical problems in measuring national product. Some items are excluded from the national incom
Index numbers of production, INDEX NUMBERS OF PRODUCTION Among the com...
INDEX NUMBERS OF PRODUCTION Among the commonly used economic indicators to monitor current trends in the economy are indices of production. The main aggregative indices used t
Millions of individual microeconomic decisions, Macroeconomics deals with t...
Macroeconomics deals with the economy as a whole. The millions of individual microeconomic decisions of the people, businesses, and government in their totality represent a nation'
Data and methodology - macroeconomy analysis, In order to estimate the VAR,...
In order to estimate the VAR, I have firstly to specify the data which will be analysed. As it is my aim to observe the correlations between oil prices and key macroeconomic variab
Financial and real investment, Financial and Real Investment Financial ...
Financial and Real Investment Financial investment simply means transfer of right from one party to another. While one party has made investment, the other has made disinvestme
Money and credit, MONEY AND CREDIT In any modern economy, the quantity...
MONEY AND CREDIT In any modern economy, the quantity of money, aggregate volume of credit and its sectoral composition are important variables which exert significant influenc
What do you mean by gross domestic product, What do you mean by Gross Domes...
What do you mean by Gross Domestic Product? Gross Domestic Product (GDP): It measures the value of economic activity which is output produced, into the geographical bound
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