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Explain the meaning of a production possibilities curve
Habelers theory of opportuniyu cost
The amount of wealth that households and business desire to hold in the form of money balances is called the 'demand for money'. Individuals and firms have at their command only
Compare Classical economic theory to Keynesian economic theory. Which approach, if either is the US currently applying and what have been the effects of such policies?
what is economic integration
Relate overnight rate with money supply When the overnight interest rate decreases, the money supply increases When the overnight interest rate increases, the money supply d
Explain the difference among a floating and managed exchange rate. The key distinction here is that a floating exchange rate is set by market forces, i.e. supply and demand. A
evaluate the usefulness of the model in South Africa
What is the formula for consumer price index?
#“Nominal GDP declined between 2008 and 2009, therefore the GDP deflator must also have declined.”
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