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Suppose you have decided to do some savings. You will deposit $200 this year into an account that earns 2% per year and increase the amount deposited each year by 20% in every year that follows. How much will you have in the account after 30 years?
determination of interest rate in classical model
You have been invited by world leaders to be part of a team of international economists selected to make recommendations on how the international community might work together more
Price Mechanism Price mechanism is the point, which equilibrates supply and demand within a market. It is a mechanism of pricing. The price mechanism is one, which permits the p
how useful is national income statistics for indicating living standards
concept of multiplier - static and dynamic
he questions posed are broad and open ended so be careful to allow yourself enough research and planning time. If you are completely on top of the material delivered in class, then
what is real and norminal interest rates?
Q. Interest rates and inflation? Assume you have 1 million on 1st January 2008. A basket of services and goods similar to the CPI basket costs 100,000. You can then purchase ex
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Ask question difference between static multiplier and dyanamic multiplier
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