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Explain about economic cycle
The economic cycle is a period of approximately 6 or 7 years in which the economy completes a cycle of downturn, recovery, recession, and boom. A peak and a trough are further features of the cycle.
From estimating the aforementioned unrestricted VAR, a table of coefficient and statistics will be produced. From this table, certain statistical information can be analysed, such
iN BOTH CITIES, AN INCREASE IN INCOME COMBINED WITH EXPECTATIONS OF A STRONG MARKET SHIFTED DEMAND AND CAUSED PRICES TO RISE RAPLIDLY DURING THE MID-TO LATE 1980S. Illustrate with
Given the above trade between the two countries, explain the trade effects on product prices, and factor incomes. Why do these effects occur?
I would like to know if you guys take up online tests?
Q. Describe Keynesian cross model? Keynesian cross model is a simple version of what we call the 'complete Keynesian model' or simply the Keynesian model. Keynesian model has a
Explain the concept of diminishing returns to labor.
The United States Treasury borrows money on behalf of the federal government all the time. One type of the government borrowing, called a treasury bills, promises a fixed payment a
Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
how useful is national income statistics for indicating living standards
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
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