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A textile mill releases pollution into nearby wetlands, and the associated health and ecological damages are not considered in the private market. Suppose you observe the following
The production function is Q=3LK
What is Quantitative easing Quantitative easing (QE) is an unorthodox monetary policy which since 2009 has been intermittently pursued by Bank of England and US Federal Reserv
Granting a loan: When commercial banks lend, they create money. This can be explained by extending the hypothetical example of Bank
Q. Explain the long-run Phillips curve? The long-run Phillips curve The augmented Phillips curve has an important consequence: the long-run Phillips curve must be vertical
How can we answer in Economic terms this questions: Why should the government consider to increase tax on cigarette
Aggregate demand in the cross model Because C and Im depends positively on Y while G, I and X are exogenous, aggregate demand Y D will depend positively on Y: Y D (Y) = C(
Can the government always reduce the budget deficit by simply increasing taxes? Why or why not? Please explain your answer using the Laffer curve. In addition, use research and sho
assuming that B=0.33 Y1998=[0.33]Y1998 Estimate the permanent income for 1998
factors that causes the shifts in balance of payments
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