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Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related? Is the actual rate of unemployment currently greate
Diagramatic explanation of pareto optimality
(a) Explain the meaning of efficiency in economics and use a sketch diagram to illustrate its attainment by reference to the Production Possibility Curve. (b) Refer to the
what is credit creation process
give three example of models show endogenous and exogenous varibles
Another area where monetarists differ from Keynesians is money supply and interest rates. In the Keynesian analysis with less than full employment level equilibrium, the interest r
Q. Overnight rates and interest rates with longer maturity? By controlling overnight interest rates, central bank will affect interest rates with longer maturity. Main reason f
give and explain the different causes of national income variation
explain the structure of the economy and its impact on the gdp of sountry.
The different between williams managerial discretion model and baumol''s sales maximization model
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