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Explain how Monetarist economics views the role of markets and government intervention in fighting business cycles.
Monetarist economics believes that the government should follow a steady money supply and not use active monetary policy interventions over the course of the business cycle.
Borrowings: The widening fiscal gap led to a steep rise in the outstanding liabilities of the Central Government. The outstanding domestic debt of the Central Government as a
The owner of a firm Mr. Rajneesh expects to make a profit of Rs.5,50,000, Rs.6,50,000, Rs.7,50,000 and Rs.8,50,000 at the end of the 1st, 2nd, 3rd and 4th year respectively. Rajne
1- Suppose the economy is currently in recession, and the exchange rate if fixed using the IS-LM model. a) explain and illustrate the economy adjustment ( in the medium run)
Q. What is Heterodox Economics? Heterodox Economics:Different schools of thought (including post-Keynesian, Marxian, structuralist and institutionalist economics) which reject
The prevention of major swings in economic activity can be handled most easily by the
New developments
what is histogram?
i want an application on indifference curve of a specific firm? can i get it easily?
illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation
Question 1: i) Derive and explain Harberger's (1954) welfare loss estimates of monopolizing a perfectly competitive firm. ii) What are the roles of advertising? Can it lead
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