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If a firm wants to sell goods more often, would they prefer to produce a high quality good that will not wear out or one that will wear out faster. For example, what is the 'life expectancy' of most refrigerators and other major household appliances? How many washing machines do most families have at one time?
GDP vs GNP in kenya
Interest rate determination The real interest rate r will be equal to the equilibrium real interest rate In the classical model we define equil
explanations to the short-run fluctuation and pilicy prescriptions of the schools macroeconomics thought
What are the Central bank overnight interest rates The overnight interest rate is an important interest rate for a central bank and it has methods of influencing this rate. In
Last year, the nation of Tigerland imported goods totaling $500 million and exported products totaling $386 million. Tigerland experienced a(n).
You are the manager of an organization in America that distributes blood to hospitals in all 50 states and the District of Columbia. A recent report indicates that nearly 50 Americ
If a government finances an increase in its expenditures by selling bonds to the public, then the aggregate demand curve will: A. not shift. B. shift out more if crowding out occur
explain circular flow of income in an open economy
derive the isoprofit functin
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pri
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