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What is main difference between nominal money supply and real money supply?
Real money supply is the supply of real money in the economy. Real money is supplied considering the income level and actual return on investment prevailing in the market. In contrast, nominal money supply is the controlled money supply which is controlled by the SBP by its various instruments.
types of elasticity of demand
what is outputgap?
What are the uses of elasticity’s to the public sector and private sector?
REAL BUSINESS CYCLE THEORY: The parable that motivates this discussion originated with Edmund Phelps and invites you to think that all men (and women) are islands. They have p
Give a critique of indifference curve
If one person can produce 1 fish and 10 oranges per hour and works 5 hours a day.another person can produce 2 fish and 20 oranges per 2 hors and works 8 hurs a day then who has the
marginal conditions of pareto efficeincy
1. Go to the website for MarginalRevolution. Find">http://www.marginalrevolution.com Find two posts that related to microeconomic topics that we are covering and write about on
(a) What are the problems associated with R 2 and how can adjusted R 2 solve them? (b) If the regressors in an equation are highly correlated, which measures can be used to
if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.
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