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Illustrate the overview and importance of macroeconomics?
After familiar with this illustration, able to know:
a. An overview of macroeconomics is the study about the economy like an entire and how this is different by microeconomics.
b. T he significance of the business cycle and why policymakers look for reduce the severity of business cycles.
c. What long-run development is and how this determines a country’s standard of living
d. The importance of deflation and inflation and why price stability is preferred
e. What is unique regarding the macroeconomics of an open economy, an economy which trades goods, services and assets along with the other countries
Trade-FDI Nexus: Economic liberalization promotes both trade and FDI. FDI could be export-promoting, import substituting or import enhancing depending upon supply and demand f
When single business or corporation dominates its area and squeezes out all its competition, the result is the consumer does not have a open choice, and inevitably, the price of it
Consider the following: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the l
derive balance of payment line graphically
Consider the following game [payoffs are in the form: (Ann, Bob, Carol)]: a) List each player's actions and strategies. b) If Ann "buys" Carol's position in the game (i.
outline two main restrictions by indian government applied to import. Using the data from your case study analyse and explain who would benefit directly and who would lose directly
Assume that an economy's GDP Y=5000. Also assume that the government runs a deficit where tax revenue T=1000 and government expendituresG= 1500. The consumption function is represe
casual factors of traditional business cycle and its effects on the sectors of the economy
what measures should be taken to raise the productivity of the workers?
Explain about the nominal Gross domestic product It isn't very common to use CPI in construction of real GDP. The reason is that CPI measures the price evolution of consumer go
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