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with the help of a graph, explain factors that may cause a shift in the balance of payments
discuss the contention that the existance of a labour market in a perfect competion is a fallacy
The analysis of the speculative demand for money reveals the importance of the level of wealth. Explain this assertion in detail
Assume in country-A Central Bank cares only about keeping the price level stable & in country-B, its central bank cares only about keeping output & employment at their natural rate
Explain, using the best framework you can think of (based on our class discussion), the effect of a large federal deficit on interest rates.
#five differnces between a monopoly market and a monopolistic market
The circular flow of income in an open economy An open economy is one in which international trade exists. Assume also that there is government spending and taxation. Thus
Sears rates its salespersons according to their sales ability and their potential for advancement. They sampled 500 salespeople with following data: Potential for Advancement Fair
Two people are engaged in a joint project. If each person i puts in the effort x i , the outcome of the project is worth f ( x 1, x 2). Each person's effort level x i is a
Explain how inflation unemployment trade-off is not feasible under adaptive expectation.MEC002
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