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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.
If income falls below its potential and the income tax rate is reduced, this will: A. raise the passive deficit but reduce the structural deficit. B. raise both the passive and str
Q. Describe the Keynes motivation? Keynes' motivation: In good times, when Y is high (above its trend), national income is high (above it trend). Consumers will take this opp
State about the international capital flow An international capital flow is defined as movement of money for the purpose of speculation or investment between countries. It inc
brifly explian
Trade barriers come in a lot of forms. Quota is one. This is when a country sets a limit to the imported products. This is completed for a number of reasons. One is due to the gove
HOW MARRIAGE AFFECTS GDP
I want you to do online homework about The Influence of Monetary and Fiscal Policy on Aggregate Demand All the questions around 10
What is the difference between merchantilism and absolute theory?
Some charge that the Crisis of 2008 was caused by the "greed" of Wall Street firms and other bankers. Do you agree with this view? Do you think there was more greed on Wall Street
what is microeconomics
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