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Describe in detail about Exchange rate systems
Various countries have different exchange rate systems. The most significant characteristic of an exchange rate system is to what degree country is trying to control exchange rate.
using the ppf model explain the principles of economics of allocative efficiency
if govtment face cost push inflation which policy govtment should take to control inflatoin?
Q. Define Nominal wages? The nominal wage is wage per unit of time in the currency used in the country- what we usually just call wage. When we mention wage in macroeconomics w
Q. What do you mean by yield curve? Yield curve is a graph of interest rates of different maturity (recalculated to yearly rates) at a specific point in time. It's common for t
Capitalism is the dominant, most used form of government there is in the globe today. Presently, over 80% of countries use capitalism and a free market economy.
Assume that when an economy has a GDP of $500, Consumption is $550. The MPC is .75. Investment is 25. Begin the problem by setting up an Income/Consumption Schedule like the one on
Given a four sector economy how do you find the budget balanced
Aggregate supply Remember that labor demand provides us profit-maximizing quantity of L for a given real wage. If W/P is given (as it's in cross model), we can find profit-maxi
how to relate macro economics theories with current indian economy
Hi, I need help with my Aplia macroeconomics problem sets.
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