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Construct loanable funds market in the context of an open economy assuming that the home country is a small open economy.
Discuss the effect of an enhance in the govt. expenditure (on expansionary fiscal policy) in the foreign country on home country's loanable fund market.
Comparative if Person can make 15 wristbands and hour and 3 potholders. What is the comparative advantage? If same person works 20 hours a week graph the possible combinations sh
How can we define the real wage as nominal wage We define real wage as nominal wage divided by a price index (typically CPI). In the illustration above, your real wage was 20 i
Q. Demand for money and GDP? The demand for money also relies on the GDP as GDP is closely associated to national income. If you choose to hold a fixed proportion of your wealt
x=40-0.2p where x=x1+x2 c1=50+2x1+0.5x1 c2=100+10x2
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
Good X is produced in a competitive market using input A. Explain what would happen to the supply of good X in each of the following situations. The price of input A decreases.
The following is the information from the national income accounts for a hypothetical country: GNP Rs. 5000.00
difference between gdp at market price and nnp at factor cost
Examine the graph below. The mayor has placed a $2 tax on the sale of each taco sold within the city. How large is the decrease in producer surplus?
What are the pros and cons of monetization of public debt
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