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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.
the central economic problem facing the group of survivors
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?
I will need to upload a file as the questions are bit too long to type
What are the Market interest rates The most important interest rates from a macroeconomic perspective are interest rates that the government pays on the loans they use to finan
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what is okun''s law ? In economics study, Okun's law also named after Arthur Melvin Okun is an empirically observed relationship relating among unemployment to losses in a specific
Derive the conditions for steady state in the Solow model. What are its implications? In what respects is the golden rule different from the steady state?
critically examine the keynesian theory of unemployment
Q. Explain about Household savings? Remember that consumption may refer to observed consumption as well as to demand for consumption. The same is true for 'household savings',
Q. Describe the classical model of macroeconomics? 'The classical model' was a term coined by Keynes in the 1930s to signify essentially all the ideas of economics as they appl
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