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the suitability of utilising a policy of tariffs and quotas given the case of perfect competition.
explain any two factors that cause the shifts in the balance of payments curve.
Four aspects are interesting when we look at inflation data for Sweden During 1800s, when Sweden was primarily an agricultural society, deflation where almost as common as
What are forms of price ceiling to lead inefficiency? Price ceilings frequently lead to inefficiency into the forms of: a. Ineffective allocation to consumers b. Wasted r
#questionKeynes liquidity Preference theory stipulates that money demand is negatively related to current income and positively related to interest rate..
DEMOGRAPHIC FEATURES IN DEVELOPMENT: We have learned in the previous unit that human resources play a significant role in generating aggregate flow of goods and services. The
Explain how inflation unemployment trade off is not feasible under adaptive expectations?
In the long run, imports will most likely be paid for with: a. Aexports. b. The sale of real and financial assets. c. the extension of credit. d. higher domestic unempl
If a social entrepreneur is relying on contributions, are there not risks in being accountable and using that money wisely?
On the next page is a graph of a labor market in equilibrium, with market clearing values of wages and hours of employment being W 1 and E 1 respectively. a. The Federal gov
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