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Given for a closed economy:
C = $20 + 0.50YD
I = $40
G = $10
YD = Y- T0
T0 = $5
Determine: (a) the equilibrium level of aggregate or national income (Y);
(b) the level of planned consumption;
(c) the equality of total planned withdrawal and total planned injections.
1. Consider a mixture of one mole of Nitroglycerin and one mole of Ammonium Nitrate a. Write the detonation equation for this mixture b. Using class notes, posted articles in
WHAT ARE THE GOVERNMENT FUNCTIONS?
effect on of multicollinearity.
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Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
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Suppose that the aggregate demand curve in a particular year is given by the algebraic expression: Y = 3000 + 1000/P, where Y is the aggregate output and P is t
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