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what is a wage? and the difference between real and nominal wages giving examples?
what would be effect of fiscal and monetry policy on price and output level if meges are flexible and rigied?
What is the difference between heckscher_olin theory and comparative theory
Explain how inflation unemployment trade-off is not feasible under adaptive expectation.MEC002
The aim of this paper is to observe and interpret the correlations between oil price changes, and changes to key macroeconomic indicators. From this we will be able to observe if t
In 1999 Mercedes-Benz USA adopted a new pricing policy, which it called NFP (negotiation-free process), that sought to eliminate price negotiations between customers and new-car de
Marginal propensity to SPEND refers to: a. a nation's additional spending on a good per an additional unit of expenditure. b. a nation's additional consumption based on a unit incr
What are the trends of labour and capital as macrfoeconomics variables?
Historically, shifts toward a more expansionary monetary policy have often been associated with increases in real output. Is this surprising? Why or why not? Can an expansion in th
Q. Show the equations of the AS-AD model? The equations of the AS-AD model To précis the AS-AD model, we can have a glance at its equations. IS-LM model was "solved" by s
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