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Note and explain the identification problem associated with the following statement. "During Bill Clinton's presidency the US economy saw unusually strong economic growth; thus, Mr. Clinton's economic strategies should be repeated today." Your answer should be 1 to 2 sentences long.
If equilibrium price falls and the equilibrium quantity of the good purchased decreases, what has happened to either the supply curve or to the demand curve? a. Demand decreased
definition, argument to protectionism and argument against protectionisms
What are the requirements for something to be considered money? Why does the dollar have value?
Hello, how to cure inflation, particularly addressing rising food prices thanks Gedanken
How can we determine fixed exchange rate If a nation has a fixed exchange rate (say against a specific currency), the government or central bank may change this fixed exchange
how can a country maintain equilibrium GDP with foreign trade?
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
How to get the Euler equation?
We define marginal product of labor, MP L as the derivative of f with respect to the L - which is, as (approximately) how much Y will increase when L increases by one unit. We als
Q. Explain Reversed Say's Law? In the cross model, supply should instead follow demand. Cross model not only rejects Say's Law, it turns it entirely upside down. In the cross m
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