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Using the PPC show what is meant by the law of increasing opportunity cost and explain (state) why that law exists. Why is that law important when deciding whether or not to watch one more hour of TV the night before the test?
state and explain two factors that cause the shifts in the balance of payments curve.
How central bank increases the target rate Let's say that the central bank increases the target rate. When the target rate increases, the central bank needs to raise the overni
Explain demand management of Keynesian economists The demand management of Keynesian economists of 50's and 60's is attacked by free-marketers for ignoring the importance of s
By what percentage did the price level, as measured by this index, rise between 1984 and 2005?
The IS-curve in the AS-AD model The IS-curve is not affected by P in the AS-AD model We can define an IS-curve in the AS-AD model similarly to
Which of the following is considered when calculating a country's balance of payments? Military expenditures state unemployment domestic inflation rates foreign inflation rates.
Analyse the effect of contraction phase to the vunerable
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
how is credit creation by commercial bank
what is the importance of credit multiplier
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