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THE PRODUCT MARKET Z=C+I+G C=a+bYd I=Io+I1Y-I2i Equilibrium condition, Y=Z, where Y represents output and Z is aggregate spending. THE FINANCIAL MARKET Md=MT+Mp MT=MTo+MT1Y Mp=Mpo
How can a country maintain equilibrium GDP with foreign trade?
factor for long run trend of term of trade
if we impose any rule and regulation on clasical model like not expoit polutionso what is effect on factor of clasical model
what is gdp
5. In this question you should assume that the Marginal Propensity to Consume out of permanent income is one [i.e., no bequest motive + perfect consumption smoothing: c1, = c2 = c
The system where workers concentrate on specialized tasks to make a product is referred to as: A. Coincedence of wants B. Roundabout production C.Freedom of enterprise
I am working on a project for my class and this week discussion is on international trade and exports. what I am needing is the information for the 1970s
MEC vs MEI in detail
Use the distinction between the charasteristics of private and public goods to determine whether the following should be produced through the market system or provided by the gover
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