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Explain the excise terms of tax.
The excise terms of tax:
a. Tax incidence
b. Excess burden
c. Deadweight loss
d. Tax revenue
Q. Assumptions of the AS-AD model? The most significant change we make going from IS-LM model to AS-AD model is to allow P to be endogenous. As P was constant in IS-LM model, w
Describe the differences between the substitution effect of a wage increase and the income effect of a wage increase.
how would you describe a neo-keynesian (or neoclassical) synthesis? and why did Joan Robinson label it "bastard Keynesian"
Why law of demand does not hold in pakistan
Rate of Growth Every country desires economic growth. A country's economic performance is often judged on the basis of - among other things - the rates of growth it has manage
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
What are the effects of neutral inflation
how is credit creation by commercial bank
What are the potential disadvantages of growth? The potential disadvantages of growth are as follows: • Raised pollution, • Depletion of non renewable natural resources
In order to estimate the VAR, I have firstly to specify the data which will be analysed. As it is my aim to observe the correlations between oil prices and key macroeconomic variab
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