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How did economists get it so wrong, Read "How Did Economists Get It So Wron...
Read "How Did Economists Get It So Wrong" by Paul Krugman and second, the blog "History of Economics Playground", by Pedro Duarte, Tiago Mata, Clement Levallois, Yann Grd...etc., t
Gross domestic production, why is imports subtracted from the expenditure a...
why is imports subtracted from the expenditure approach
Money supply, does central bank determine money supply in the economy
does central bank determine money supply in the economy
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
Rate of growth, Rate of Growth Every country desires economic growth. ...
Rate of Growth Every country desires economic growth. A country's economic performance is often judged on the basis of - among other things - the rates of growth it has manage
Why do some countries have a low real per capita income, Why do some countr...
Why do some countries have a low real per capita income? Low real per capita income considers being largely due low productivity (i.e., output per worker) of low valued added
Inverse market supply curve, Consider the market for the trusty widget (the...
Consider the market for the trusty widget (the most common good in the world if economics textbooks are to be believed). Assume that the market is perfectly competitive. Suppose th
DYNAMIC MULTIPLIER, Describe dynamic multiplier
Describe dynamic multiplier
Explain about the diminishing returns to an input, Explain about the dimini...
Explain about the diminishing returns to an input. There are diminishing returns to an input while an increase within the quantity of which input, holding the levels of each of
What are the production elasticities of demand, The following Cobb-Douglas ...
The following Cobb-Douglas production function is used to describe the output generated by a local government maintenance agency. Q = αL β1 K β2 E β3 Where L represents numb
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