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Which of the following is a reason why the aggregate demand curve slopes downward? a. At a higher price level, fewer goods and services are available. b. Periods when the price level is rising are usually time of shift declined in economic activity. c. Households feel poorer with an increase in average prices. d. If the U.S. price level rises, foreigners will buy more U.S. goods, leaving fewer U.S. goods for domestic consumer's e. As the price level rises, business leaders become pessimistic about the future and reduce production.
Typical start-up businesses' estimated profit are forecasted as following: State Bad Good Probability 81% 21%
In order to encourage you to take interests in the current affairs in business, and have more concerns about the real world problems (which is what economics is about), you are req
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
What is the difference between heckscher_olin theory and comparative theory
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The final and most important part of the methodology is the impulse response functions which will provide the most information with regards to the aim of the project. In order to a
The figure below defines an economy's aggregate demand curve and its short-runand long-run aggregate supply curves (labelled AD, SRAS, and LRAS, respectively). practically,the econ
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Explain the multiplier effect with example Deposits and loans in banks give rise to an important multiplier effect. We use a simple example to illustrate this effect. Consider
what does a weaker dollar to a) raise inflation and contract the economy b) reduce inflation and contract the economy c) raise inflation and expand the economy d) reduce inflation
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