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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 harm countries located in or near the Middle East if they are directly involved in the war?
(ii) Does the war benefit or harm countries located in or near the Middle East if they are not directly involved in the war?
(iii) Does the war benefit or harm countries located outside the Middle East?
The manager of the world famous Koala Caves offers a tour each afternoon starting at 3pm. The caves can be shown to only four people per day without undermining their ecology. Occa
Ask question difference between static multiplier and dyanamic multiplier
What impact will high and variable rates of inflation have on the economy? How will they influence the risk accompanying long-term contracts and related business decisions?
Question 1: Consider a two-period, two-person pure exchange economy. Utility functions and endowments are given as follows. u1(x0; x1) = (x0x1)2 and e1 = (18; 4) u2(x0; x1) = ln x0
When is a balanced budget presented?
Which of the following will decrease the nominal deficit? A. An increase in taxes. B. An increase in the debt. C. An increase in government expenditures. D. An increase in interest
What does a shift in the demand to the right mean? Why does the demand curve shift?
Lucas’ point of view, what are the limitations of the Keynesian model? What improvements does he suggest?
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One of the main tenets of economic analysis is that people act in their own narrow interests. Why, then, do people leave tips in restaurants? If a study were to compare the size of
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