.business cycle, Macroeconomics

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define business cycle

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AD-AS, THE AD CURVE SHIFT TO THE LEFT WHEN

THE AD CURVE SHIFT TO THE LEFT WHEN

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Definition of Exchange rate The exchange rate is stated as the price of one unit of currency in terms of other currency. If one euro costs 1.5 USD then 1 USD costs 1/1.5 = 0.66

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Separation of growth and fluctuation It is very useful to separate the evolution of a variable which grows over time into a trend and fluctuations around the trend. The graphs

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Assignment, derive equations for IS,LM and AD curves.

derive equations for IS,LM and AD curves.

What are the potential disadvantages of growth, What are the potential disa...

What are the potential disadvantages of growth? The potential disadvantages of growth are as follows: • Raised pollution, • Depletion of non renewable natural resources

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