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What are the differences between the IS-LM model and the Keynesian model?
The 'simple' Keynesian model is a simplified model to exemplify Keynes's idea about the equilibrium income.
On the other hand, the IS-LM model is a more general model (involving more variables, e.g., P and r) to demonstrate Keynes's idea about the equilibrium income.
Economic instruments Financial rewards, incentives and penalties that operate automatically via market forces, to encourage beneficial behavior.
what is profit maximization..
THEORY OF CUSTOMS UNION: A customs union is an association of two or more countries to encourage trade. The countries making such an arrangement agree to eliminate tariffs and
This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
monetary policy
1).Explain a coordination failure. Using the Prisoner's Dilemma example above, discuss coordination failure. 2). What's a Market Failure? Please define the circumstances under w
discuss the implications of various market structures(competitive and non-competitive)for price determination
I have a chemistry project which is title: "combating desertification" so I have to come up with a practical solution to stop desertification or limit the spreading of deserts.. Is
PLEASE GIVE ANY ONE TOPIC OF ECONOMIC WITH ANSWERS
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