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Differentiate between real and nominal variables.
In economics, the distinction among nominal and real numbers is often made. Nominal variables -- like nominal wages, interest rates and gross domestic product (GDP) -- refer to amounts that are paid or earned in money terms. Real variables -- real wages, interest rates, and GDP -- are corrected for the effects of inflation. They show the value of these numbers in terms of the purchasing power of wages, interest, or total production.
demand for two market are P1=15-Q1&P2=25-Q2.the monopoly TC is C=5+3(Q1+Q2).What are ,output,profit&MR if the monopolist can price disc? riminate
do you give solutions
Problem : "The beliefs that free trade favors only the rich countries and that volatile capital markets hurt developing countries the most have led activists of many stripes
what are the criticisms of modern theory of rent?
#question.what is the periodc clasification?.
China had to convert its yuan into dollars. Does that cause the dollar to appreciate or depreciate?
Amartya Sen''s concept of poverty and welfare.
the short run can be defined as any period of time
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expansionary fiscal policy occurs?
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