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factors in economic growth
explain the effects of various injections and withdrawals and show the equilibrium in the circular flow
The circular flow of income in a closed economy A closed economy exists when there is no international trade. We shall also assume that in this particular closed economy there
We divide all firms into 3 categories: FR includes all firms which acquire raw material (iron ore, farm products and so on), FH all those that produce semi-manufactured goods (stee
If a government finances an increase in its expenditures by selling bonds to the public, then the aggregate demand curve will: A. not shift. B. shift out more if crowding out occur
Consider the following prisoners' dilemma game. C D C 4,4 0,6 D 6,0 1,1
State the macroeconomic policy The view that macroeconomic policy must only focus on supply-side performance of economy and should ignore management of the demand side is an ex
factors that causes the shifts in balance of payments
What is the price elasticity of demand? It is the Defining and Measuring Elasticity. The price elasticity of demand is the ratio of the percent modification into the quantit
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
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