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draw a diagram that explains how interest rate sare determined in the keynesian macroeconomic model
what is the role of advertising in baumol''s model?
Use the following data for a firm's output at various levels of employment (L) to calculate: a) its marginal physical product of labor (MPPL) schedule; (b) its (MPPL/MRCL) schedule
Explain determination of national income using aggregate demand-aggregate supply and saving-investment methods for a three sector economy.
In the heckscherohlin model, a decrease in the factors of production required to produce rice and beans would: a. shift the production possibilities frontier for rice and beans
explain circular flow of income in an open economy
Suppose that a firm has a budget of $30,000, that the wage rate is $10 per hour, and that the rental rate is about $100 per hour. I f the wage rate increases to $15 per hour and th
Consider the following: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the l
There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
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