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Explain, using the best framework you can think of (based on our class discussion), the effect of a large federal deficit on interest rates.
what are the opportunity cost?
State the Private sector in the circular flow Private sector total income is known as the national income. As private sector receives entire return from the factors of prod
working of static and dynamic multiplier in consumption function
what have you learned from the class
what is the cause of inflation in PNG
Instructions For the following 10 questions, consider an economy which is initially in equilibrium without a tax, with P* of $90 and Q* of 10. Later, a tax is put on the market
using the marginal utility theory explain the consumption patten of consumers
State the both -Cyclical and Classical unemployment Cyclical unemployment Unemployment because of a recession. Classical unemployment Unemployment because of
1. Consider the following game: a) Does either player have a dominant strategy? b) Does either player have a (pure) prudent strategy? c) Does the game have a saddlepo
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