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Q. Explain the Post-Keynesian Economics?
Post-Keynesian Economics: A modern heterodox school of economic thought that emphasizes more radical or non-neoclassical aspects of John Maynard Keynes' theories. Post-Keynesians pay primary attention to the monetary system and impact of monetary behaviour and policies on output, employment and other economic indicators.
When measuring price levels in the economy (such as when calculating the CPI index), why is a weighted average used? Because we require giving greater emphasis to prices at whi
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what is the purest form of iron?
Normal profit: Normal profit is when total revenue is exactly equal to total cost when the latter includes both explicit costs. It is the type of profit when made by firms in
meaning of average revenue
Using commodities as an example, explain the factors influencing the PES for such goods. The basic determinants of PES are time span included and the availability of producer s
Your firms production function : Q=4K^1/2L^1/2 Suppose that the price of labor is $5 and the price of capital is $20. Your firm desires to produce 200 units of output. How much
types of elasticity of demand
study on internet will impact on gdp
Calculate the number of moles in 15.8 grams of aluminum hydroxide
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