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Interest Rates (R) - I feel that it is important to include a variable which represents the monetary sector of the economy because those inflationary pressures which are expected t
Aggregate supply Remember that labor demand provides us profit-maximizing quantity of L for a given real wage. If W/P is given (as it's in cross model), we can find profit-maxi
Determine the current productivity results for the non-farming business sector and the manufacturing sector. Discuss recent productivity and cost trends and make predictions for th
what is phillips curve
explain the neo-classical theory of trade and show the difference between this and the classical approach, as wellas the similarities
What are the effects of the fiscal stimulus on the macroeconomy
c) Explain why perfectly competitive markets lead to an allocatively efficient allocation of resources in the long run
#questionKeynes liquidity Preference theory stipulates that money demand is negatively related to current income and positively related to interest rate..
explain approaches of national income?
For a single nonprofit provider, describe an output-maximizing model to predict supplier behavior?
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