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what are the three motives of holding money?
Absolute income hypothesis
what are the implications of corruption in economy and fiscal policy
Interest rate determination The real interest rate r will be equal to the equilibrium real interest rate In the classical model we define equil
difference between gdp at market price and nnp at factor cost
What are UN Millennium Development Goals? The UN Millennium Development Goals (MDGs): These are a set of objectives shared through the IMF, the OECD and the World Bank (WB)
Granting a loan: When commercial banks lend, they create money. This can be explained by extending the hypothetical example of Bank
What are the two main costs of economic growth The two main costs of economic growth are resource depletion and environmental damage. Economic activity needs factor inp
Q. Augmented Phillips curve? Remember that Phillips curve, as it was incorporated into the Keynesian model, presumed a stable relationship between wage inflation andunemploymen
Some charge that the Crisis of 2008 was caused by the "greed" of Wall Street firms and other bankers. Do you agree with this view? Do you think there was more greed on Wall Street
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