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Q. What is money and what is not money? If you are trying to conclude if something is money, basically consider whether it would be accepted in most stores as payment. Then you
what is gdp
Q. Describe about Capital? By capital we characteristically mean manufactured goods which are used to produce other services and goods though aren't used up in the production p
what is the meaning of the credit multiplier in the monetary sector
Private sector in the circular flow The private sector total income is known as the national income. Because private sector receives the entire return from the factors of pr
The circular flow of income in an open economy An open economy is one in which international trade exists. Assume also that there is government spending and taxation. Thus
Questions: Search through newspapers for ONE article that is relevant to the economics concepts. You are also required to attach the article to your final report
What is the relationship between deposit multipier,Credit Multiplier and Deposit multiplier?
Suppose we're modeling an economy using the Solow model. It begins in steady state. By what proportion does y? (the post-change steady-state per capita GDP) change in response to t
Assume a market with demand Q = 16p^(--2) that is supplied by a monopoly with costs C(Q) = 6 + Q2/8. 1. Calculate the equilibrium price, output and monopoly profits. 2. What
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