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what are the function of budget
Determine the GDP price index for 1984, using 2005 as the base year
Compute the mean and variance of the following discrete probability distribution. Where X=2, and P(x)=.5. Where X=8 and P(X) .3. Where X=10 and P(X) =.2.
Despite the economic progress that the U.S. has observed in the past century, the standard of living remains extremely low in many countries. Why are some countries relatively weal
Explain what convex indifference curves means in terms of marginal utility. What properties must a utility function have in order to obtain convex indifference curves?
exam notes of national income accounting
Granting a loan: When commercial banks lend, they create money. This can be explained by extending the hypothetical example of Bank
.measure to control inflation
Q. Model of labor market in AS-AD model? Remember the model of labor market in AS-AD model with constant wages. On the y-axis, we had real wage and on x-axis, we had L. The res
explain the structure of the economy and its impact on the gdp of sountry.
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