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Relation between nominal interest rate, real interest rate and inflation If we denote the nominal interest rate by R, the real rate by r and the expected inflation by p e then
The managers of Firm A recommend that Firm A purchase Firm B because the purchase will diversify the business of Firm A. Diversification of risks is a desirable strategy for indivi
What are the international economic crisis A current account surplus can only take place in one nation if there is a current account shortage in another country. So it makes no
Debate between New Classical and New Keynesian economics?
Suppose that this year's the money supply is $500 billion, nominal GDP is $10 trillion, and real GDP is $5trillion. a. What is the price level? b. What is the velocity of money
Do you agee or disagree " Economic theory helps society reach economic goals that it has selected for itself?" Justify your answer.
what reasons limit the bargaining power of trade union in developing countries
Robert's New Way Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistically competitive market. Its demand curve for t
Q. Explain Growth theory? The purpose of this topic is to try to explain growth in GDP. The models in this topic are very different from the rest of the models as they use only
WHAT IS THE CENTRAL PROPOSITION OF THE ORTHODOX KEYNESNIANS?
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