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1. Is aggregate demand a specific dollar amount? For example, would it be correct to say that aggregate demand is $9 trillion this year?
2. Explain each of the following:
(a) real balance effect,(b) interest rate effect, and(c) international trade effect.
3 Graphically portray each of the following:
(a) a change in the quantity demanded of Real GDP and(b) a change in aggregate demand.
soft selling occurs when a buyer is skeptical of the quality or usefulness of a product or service. for example suppose
Elucidate what were some changes of the demand and supply fconditions that lead to the housing market bubble and collapse.
Consider the following situations. Evaluate how they would affect the level of productivity of labour.
Save their domestic industries from facing any competition. It is an unrealistic approach as all the countries endeavor to achieve the same objective.
Explain how do governments borrow funds to finance deficit spending. What is likely to happen to interest rates in the market.
1. Please indicate whether you agree with the following statements in italics, and explain your answer: (a) Failure to recognize the Cellophane Fallacy may result in defining an overly narrow market in cases involving alleged anticompetitive behav..
Recently submerged kingdom of Atlantis is populated through identical rational air breathing individuals. The king has decided to give an award to the industry whose product yields kingdom most economic value.
What are the shortcomings of GDP deflator and CPI as measures of inflation? What are the effects of inaccuracy in measurement?
Now that we have a lot of solid waste lying in our environment, provide four ways of dealing/disposing solid waste.
Ricardo believed that the target of economic analysis was to understand the distribution of income between three major classes: capitalists, workers, and landowners.
Explain why is a risk analysis so important. In your opinion, which among the factors of the risk analysis carry more weight than others?
Describe the current status of Real GDP and unemployment rate and inflation rate.
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