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1. Consider a world with two assets: a riskless asset paying a zero interest rate, and a risky asset whose return r can take values +10% or –8% with equal probability. An individua
QUESTION 1 : What distinguishes Keynes' Liquidity preference Framework from Friedman's Modern Quantity Theory? QUESTION 2: Analyse the monetary policy tools that the Cen
What are the Policies and Long-Run Growth In many concerns it is decidedly odd that world distribution of output per worker is as unequal as it is. Migration, World trade and f
difference between absolute advantage & comparative advantage theory
indiffference curve
need to get assignment on income effect and substuation effect how does increase in price of both comodity will affect the or show the new effect
what is marginal cost
run a s monopoly how will this benefit stakeholders involved, such as the goverment, businesses, and consumers?
Question 1: (a) Describe what is Economic growth and describe its relationship with standard of living? (b) Assuming you are the government economist, what policy measures
criticisms of monopolistic competition
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