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Explain the facts or economics rate
Boom: The period leading up to the peak of the cycle when an overheating economy is experiencing high GDP growth and inflationary pressures driven by unsustainable demand. Speculative activity, which tends to grow in the boom period, is a factor that makes a boom unsustainable.
Recession: The part of the economic cycle when the depressed economy is experiencing negative economic growth. A collapse of aggregate demand brings about a recession.
Recovery: The period after a recession when the economy begins to experience steady GDP growth without important inflationary pressures.
Double dip recession: When an economy falls back into recession before it has properly recovered from the first recessionary 'dip'. A double dip recession can lead into a 'lost decade' of negative or stagnant economic growth.
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
what have you learned from the class
Derive that the complex amplitude of the double convex lens shown in the image below with focal length 1/f = (n-1 ) (1/R 1 - 1/R 2 ). Hint: we derived an plano convex lens in cla
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Question : The long-run position of an economy is described by the quantity theory of money: M/P = L (Y, r) Where M: nominal money stock; P: price level; Y: real income a
All of the following fiscal policies will contribute to increasing budget deficits except: A. cuts in aid to farmers. B. tax cuts. C. increases in defense expenditures. D. increase
Draw the PPC model of peace time goods and war time goods and describe its characteristics. Label point A as being more toward peace time goods than war time goods and show graphic
explain circular flow of income in an open economy
Q. Explain the long-run Phillips curve? The long-run Phillips curve The augmented Phillips curve has an important consequence: the long-run Phillips curve must be vertical
C=100+0.75Yd How do i calculate marginal propensity to consume?
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