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Suppose home cost pricing prevails in international trade, while world output is declining. Consider two economies, A and B, both having floating exchange rates and the same moneta
Discuss about the Keynesian economists The Keynesian economist A. W. Phillips developed short-run Phillips curve analysis in the 1950s. Phillips had researched the relationshi
You are given the following information about an economy: Gross Investment = 40 Govt. purchases of goods & service =
explain the terms abnormal profits and normal profits
Given a four sector economy how do you find the budget balanced
Here from a), profit maximizing price = 7 and Q = 10. It is shown in the figure below:- The consumer surplus is shown in blue area which is given as (9-7) *10*1/2 =10 dolla
i need help comparing real values in the base year dollars
A, Explain how a person can be free to choose but his or her choices are casually determined by past event 2 B , Draw the casual tree for newcomb''s problem when Eve can''t perfe
When a hurricane or flood or a pandemic strikes a country, who is most likely to respond first?
short notes on absolute advantage
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