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Explain Monetarist and Monetary policy
Monetarist: A group of economists who believe that alters in the money supply are the most effective instrument of government economic policy, and the major determinant of the price level.
Monetary Policy: The use by government of alters in the supply of money and interest rates to achieve desired economic policy objectives.
I am risk averse, and trying to maximize my expected value of c0, 5, where c is my fortune. I have 50.000 in cash, and also art with a value of 200.000 which I keep in my basement.
Population census: A population census is the head count of people living in a geographical area or in a country. A population census collects comprehensive data on people to
when total production fall what,s the status of average product and marginal product
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How do you draw the demand curve Q = 100 - 50P and indicate which portion of the curve is elastic, which is enelastic, and which is unit elastic?
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