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concept of multiplier - static and dynamic
circular flow of income in a single sector,two sector,three sector and four sector
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
Elplain the casual factors of the traditional business cycle and its effects on sectors of the economy
To the extent that statutory compliance mandates conditions that formerly were only available to workers who had union negotiating power to win such conditions at the bargaining ta
How growth are improved living standards The two main benefits of growth are improved living standards and technological advancement. As an economy grows, the output of
provide data and analysis for the real GDP (as total and per capita) and its growth rate then draw a graph and identify the periods of the Malaysia’s business cycle 2007 -2011
What is gross national income per capita The absolute difference in gross national income per capita is 29,828 PPP$ that means UK income per capita is approximately 860% higher
PRODUCTION POSSIBILITY CURVE As we have seen, the essence of economic analysis is the problem of scarcity and choice. We know that limited productive resources compel individua
How would the following influence the growth rates of theM1 and M2 money supply figures over time? a. an increase in the quantity of U.S. currency held overseas b. a shift of f
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