Explain and illustrate the economy adjustment in medium run, Microeconomics

1- Suppose the economy is currently in recession, and the exchange rate if fixed using the IS-LM model.

a) explain and illustrate the economy adjustment ( in the medium run)

b) Explain and illustrate the economy adjustment (in the medium run) without devaluation.

Posted Date: 3/19/2013 5:09:48 AM | Location : United States







Related Discussions:- Explain and illustrate the economy adjustment in medium run, Assignment Help, Ask Question on Explain and illustrate the economy adjustment in medium run, Get Answer, Expert's Help, Explain and illustrate the economy adjustment in medium run Discussions

Write discussion on Explain and illustrate the economy adjustment in medium run
Your posts are moderated
Related Questions
Wealth: This is a stock of accumulated purchasing power stored up from the past. For example, if you have a fat savings account accumulated from your past earnings, your curre

Consider a family saving function for the population of all families in the United States: sav = β 0 + β 1 inc + β 2 hhsize + β 3 educ + β 4 age + u where hhsize is househol

elasticity concept in policy formulation

Government increases the taxes on car ownership. Explain the possible market outcomes of such a decision.  As this is a tax paid by owners, and therefore not levied indirectly


Define Amagat law of partial volume, Amagat law of partial volume The total volume of a mixture of non reacting gases at constant temperature & pressure is equal to sum of indiv

Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low

QUALITY OF EMPLOYMENT : Productivity of Employment  In a poor country like India being employed does not by itself necessarily ensure a decent level of living. In 1999-2000 th

Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema

Problem 1: How can a manager of a supermarket maximise total revenue using various concepts of elasticity of demand? Use examples to illustrate. Problem 2: What are the