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conditions for steady state in solow model.in what respects is golden rule different from steady state?
I am in a college econ class that I may possibly fail. anyone able to explain how to find this answer? Assume that the following data characterize the hypothetical economy of Tran
Oil price shocks lead to large adverse supply shocks in the macroeconomy, infer Dornbusch et al (2008) who define an adverse supply shock as; ‘one that shifts the aggregate supply
The greater the number of different goods available in an economy, Question 1 options: a) the less likely it is that a double coincidence of wants will exist, and the less likel
What are the pros and cons of monetization of public debt
illustrate and discuss the implications of various market structures (competitive and non-competitive)for price determination.
MEC and MEI curvs and their role in economics
When single business or corporation dominates its area and squeezes out all its competition, the result is the consumer does not have a open choice, and inevitably, the price of it
what is money multiplier? what is role , importance, advantages , disadvantages , limitations and examples of money multiplier?
5. In this question you should assume that the Marginal Propensity to Consume out of permanent income is one [i.e., no bequest motive + perfect consumption smoothing: c1, = c2 = c
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