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First, explain the concepts of income, wealth and money and show how each is related to the other. Next, explain the concept of the monetary base and indicate its economic significance. Do you think that, for monetary policy purposes, the Bank of Canada (Canada's central bank) should control the monetary base or bank reserves? Explain carefully.
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What are the national figures? National income figures: • Do not measure social, non-economic, quality of life indicators as like life expectancy that access to educatio
DEVELOPMENT THROUGH RESOURCE TRANSFER is explained below The chief idea here was that (as mentioned previous) poor countries suffered from the savings and foreign exchange gaps
Define the aggregate price level in the macroeconomics. Aggregate Price Level: A nominal measure is a measure which has not been adjusted for modifications into prices
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Ask question different between Marginalism & incrementalism #Minimum 100 words accepted#
What are the difficulties of Developing Economies? Problems of Developing Economies: • Internal and external difficulties limit LDCs opportunity for development. • Les
how does income flow in a governed economy
Does the structure of the population issue? Dependents into an economy, children as well as old people are assists by the economically active. Dependency ratio uses to measure
Explain the user affects of involvement and support for IS project. User involvement and support: The commitment of employers and user management to the project can’t be
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