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Q. Illustrate what are the limitation of the equilibrium level of national income determined in Keynesian cross model?
Q. What issues might arise from using nominal measures of consumption and real income in an OLS regression model to estimate marginal propensity to consume out of permanent income
The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.
Illustrate what would happens to P* if there is a decrease in demand followed by an increase in supply followed by another decrease in demand.
Illustrate what marketplace structure is more beneficial for Wonks to operate in also will this be the same marketplace structure which will benefit consumers.
Given the expected price level, policies for reaching potential GDP will work best if the funds provide.
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
Every alternative has a value for bill as described in the subsequent. Illustrate what is bill's prospect cost for attending class
This change undermines the marketplace for the replacement which is about twice the size of the marketplace for T3MP.
Using appropriate diagrams and notations, carefully explain the relationship between elasticity, total revenue and marginal revenue. Describe the uses of elasticity of demand.
An 83-year-old woman is placed at a small table in a dark corner of a trendy nightclub also is ignored by the staff.
Assume which two people, Michelle also James every live alone in an isolated region. They every have the same resources available also they grow potatoes also raise chickens.
Illustrate what would happen in the market, please Specify whether the policy would cost the Chinese government anything also if so, and explain how much.
Find Equilibrium GDP (Y). If potential GDP is 1950, is the economy in a recessionary or inflationary gap. Suppose that the MPC, falls to 0.75, so C = 0.85DI. Find Equilibrium GDP.
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