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The more certain private property rights are,
a. the less people need to invest in education or human capital development.
b. The less entrepreneurship there will be.
c. the more capital accumulation there will be.
d. the more an economy must grow to maintain a certain living standard.
Why and how does free trade help the U.S. economy? How might free trade hurt the U.S. economy?
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why does the price level not enter desire consumption, investment and net exports of the desired aggregate expenditure function in the keynesian cross model
Q. What is Inflation? Inflation between two points in time is defined as percentage increase of price index between these two points in time. Comments: Price inde
THE AD CURVE SHIFT TO THE LEFT WHEN
what are the purposes of taxation?
Suppose that the economy is characterized by the following behavioral equations: C= 170 + 0.7YD I= 170 G= 150 T= 100 a. What does equilibrium output equal? Y=? b. What d
Gross Domestic Savings Income not devoted to current consumption is saved. In an economy during a particular year some units will consume less than their income while some wil
effects of real wage existing in the market that is lower than the equlibrium real wage.what will happen in this labour market if it is perfectly competitive
Lucas’ point of view, what are the limitations of the Keynesian model? What improvements does he suggest?
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