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Explain how Keynesian economics views the role of markets and government intervention in fighting business cycles.
Keynesian economics believes markets frequently fail and governments have a role to intervene, particularly in boosting aggregate demand during downturns.
Q. What do you meant by Progressive Tax? Progressive Tax:Tax is considered progressive if a larger proportionate share of its total burden falls on individual'swith higher avera
MRTS and Marginal Productivity The change in output from change in labor equals: The change in output from change in capital equals
VIVIDLY EXPLAIN WHAT THE RAWLSIAN SOCIAL WELFARE ENTAILS
Problem : "The beliefs that free trade favors only the rich countries and that volatile capital markets hurt developing countries the most have led activists of many stripes
what are the relevance of economics to most business today??
how to find opportunity cost on PPc
what is wage?
Rework figure 1 assuming a closed economy
explain normal profits and abnormal profits
Analyse the strengths and weaknesses of GDP as a measurement. Answer Strengths of GDP as a measurement 1) It helps in making international comparison among different
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