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Norms influence behavior conformity among group members. What factors will influence group members to conform to a group's norms, and when will members remain independent? Do individuals who do not conform to the group's norms ever succeed in influencing the rest of the group? Provide examples to support your analysis
Gross Domestic Savings Income not devoted to current consumption is saved. In an economy during a particular year some units will consume less than their income while some wil
exam notes of national income accounting
explain the phillips curve the relationship of inflation and unemployment
(40 points) Consider two consumers, A and B. A and B both want perfect consumption smoothing (c = cf) and both have no current wealth. However, the two consumers have different inc
compute: credit multiplier, maximum change in the money supply
discuss the effect that the activities of a trade union might have on an economy?
can a country have a current account deficit and a capital account deficit at the same time?
What is the emerging market economy According to Investopedia, Antoine W. Van Agtmael of International Finance Corporation of the World Bank first mentioned the term emerging m
Four different measures of GDP Using circular flow model we see that there are 4 equivalent ways of measuring GDP: Using the definition: market value of all finished goo
Suppose you have decided to do some savings. You will deposit $200 this year into an account that earns 2% per year and increase the amount deposited each year by 20% in every year
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