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Problem 1 : (a) What are the main assumptions behind the macroeconomic theory of New Classical Economists? (b) Describe the Lucas Supply function and explain its policy imp
if nominal GDP in 2002 exceeds nominal GDP in 2001, did real output rise?
contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly
Elasticity- a) The price of good X goes up by 2.75%, the quantity demanded of good Y goes from 10,500 units to 25,000. What is the Exy? What does that number mean? What is th
Yuen, a travelling salesman for snake oil, can produce the stuff at a marginal cost of 1. There are 100 potential customers in Vernon, each of whom has the following demand functio
limitation of kaldor hicks in compensation test and welfare criteria
disadvantages of monopsony
how can a price ceiling make consumers better-off? under what conditions might it make them worse off?
any village panchayat in west bengal and get information for doing a project.
Determine the industrial core of world economy The industrial core of world economy saw its level of material productivity and standards of living explode in the 19th and 20th
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