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Suppose a government uses an expansionary fiscal policy to get out of a recession. Use the IS/LM model and the IS-PC-MR model to explain what monetary policy to pursue.
an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?
using the basic Keynesian model answewr the following parts carefully using the relevant diagrams. what happens to the equilibrium level of GDP(Y) given the following: a) a reducti
bain''s model of limit pricing with diagram
How might a change in the exchange rate affect the domestic economy of the country? A change in the exchange rate - ceteris paribus - will alter relative prices between trading
how to write an half equation
use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labour on an increase in immigration..
What is the Adam smith view of "invisible Hand"? Invisible hand is an unknown power which is working for the interest of total economy. In any economy, everybody cares for his
With the aid of a diagram explain the long run average cost curve and the influences upon it.
different btn elesticity of demand and inelasticity of demand
what is Law of Demand?
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