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Fiscal Policy
The government's use of spending and taxation to affect the stage of macroeconomic moment. In theory, weak economic activity needs simulative fiscal policy, which is delivered in the form of tax cuts or spending raises or both. Restrictive fiscal policy, used to suppress robust economic activity, can come in the form of tax raises, spending cuts, or both.
What is the capital-output ratio? Capital-output ratio: This ratio (k) is the amount of capital required to produce £1 of Gross Domestic Product generated, every year.
Question #1 A baseball team is trying to predict ticket sales for the upcoming season. They are also considering increasing prices. The market has a population of 2 million persons
Why is not Aid improving development? Aid not improves development because: • Aid is spent on current consumption • It is spent on unsuitable capital as opposed to suitab
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Explain about the long-run economic growth. Long-Run Economic Growth: Secular or long-run growth is the continued upward trend into aggregate output per person over many
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How can the role of government in development be assessed? Increasingly governments are judged through the outcome of their policies within achieving above average development
What is matrix algebra, give some examples and its types
Speculating with Long Currency Strangle: A long currency strangle involves buying both a call option and a put option for a particular foreign currency with the same expiratio
What are the social economic factors and non economic factors in the development process? Development is a process including change into a number of social economic and non eco
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