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Describe in short about Money
"Money" in economics is actually not as simple to understand as you may think and many use the term money in a way inconsistent with how it's defined in economics. Money is stated as any commodity or token which is generally accepted as payment of services and goods.
The different between williams managerial discretion model and baumol''s sales maximization model
What is the difference between an economic luxury and an economic necessity? Ans) An economic luxury is wasting land on pools huge garden, etc. An economic requirement is what y
In the long-run framework, deficits reduce: A. investment. B. taxes. C. government consumption. D. subsidies.
Explain the adjustment to the new equilibrium price from an increase in supply.
give and explain the different causes of national income variation
Define the Fisher equation Fisher equation is: Money supply (stock of money) x velocity of circulation of money = price level x total transactions in the economy or MV =
Some countries that supply oil to petrol manufacturers are located in or near the Middle East, others are not located in or near the Middle East. (i) Does the war benefit or har
A small country can import a good at a world price of 10 per unit. The domestic supply curve of the good is S = 20 + 10P The demand curve is D = 400 – 5P In addition, each unit of
who are cheap money;gainers and losers
Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related? Is the actual rate of unemployment currently greate
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