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The rest of the world in the cross model Imports Im(Y) depends positively on Y in the cross model In the classical model, imports doesn't depen
The annual income from an apartment complex is $20,664. The annual expense is estimated to be $3,414. The apartment complex could be sold for $146,499 at the end of 10 years. If yo
Derive the conditions for steady state in the Solow model. What are its implications? In what respects is the golden rule different from the steady state?
What are the social economic and non economic factors? Development is also a procedure involving change in some social economic and non economic factors comprising: • Econom
why and how is price level determined by the monetary sector in the classical model?
THE PRODUCT MARKET Z=C+I+G C=a+bYd I=Io+I1Y-I2i Equilibrium condition, Y=Z, where Y represents output and Z is aggregate spending. THE FINANCIAL MARKET Md=MT+Mp MT=MTo+MT1Y Mp=Mpo
The price and quantity of lumber and other building materials has gone up recently. Show graphically and explain what might have caused this.
Relate overnight rate with money supply When the overnight interest rate decreases, the money supply increases When the overnight interest rate increases, the money supply d
Explain clearly the liquidity preference theory of interest propounded by j.m.keynes
how can a country maintain equilibrium GDP with foreign trade?
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