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Explain the meaning of a production possibilities curve
What is Purchasing power One problem in using exchange rate when comparing GDP per capita between countries is that is fluctuates quite a lot. A way of avoiding dependence on
In real life, the operation of simple multiplier is affected by many leakages. Leakages in the multiplier arise out of the following reasons: (1) Saving: If all the income is sp
Assume that the economy is characterized by the following structural equations: C = 160 + 0.6 (4 - T) I = 150; G = 150; T = 100. a) Determine the equilibrium output level
equilibrium in money market and derivation of lm curve
bank A has a leverage ratio of 10 while bank B has a leverage ratio of 20 similar losses on bank loans at the two banks cause the value of their assets to fall by 7 percent. Which
why does the price level not enter desire consumption, investment and net exports of the desired aggregate expenditure function in the keynesian cross model
whwt is the difference between the fixed accelerator and the flexible accelerator theories of investment?
circular flow of national income?
What isn''t a component of the M1 money supply?
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