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Note and explain the identification problem associated with the following statement. "During Bill Clinton's presidency the US economy saw unusually strong economic growth; thus, Mr
critically examine Keynesian theory of employment?
applicability of the lewis model in developing countries
Construct loanable funds market in the context of an open economy assuming that the home country is a small open economy. Discuss the effect of an enhance in the govt. expendi
discus the various measures that may be taken by a firm to counteract the evil effect of a trade cycle
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
The problem with the Keynesian model We can classify two problems with the Keynesian model as developed so far: 1. Π is exogenous. Although inflation may temporarily deviate
In reference to the above question, assume you know the combination of inputs that minimizes cost. What would happen to this input combination if the price of labor increased? What
Critically explain why interest rates are pro-cyclical, using the supply and demand for bonds framework.
Why is it important for policymakers to consider both the direct and indirect effects of public policies?
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