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Q. Is Consumption depend on GDP in the cross model?
Aggregate demand
The consumption function
Consumption C(Y) depends positively on GDP in the cross model
Remember that in classical model, consumption relies on the real interest rate. In cross model it relies on GDP. Note that it isn't possible to include r in the cross model as it is fixed. Though, we need to justify the dependence of C on Y.
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
Why a perfectly competitive retail market is more competitive than a monopoly
Compare and contrast federal government expenditures, state and local government expenditures, and financing government expenditures. Suggest a total of three actions that should b
Ok, so the supply curve for goal in the U.S. is perfectly elastic, while the demand curve has the usual shape. In 2011, the U.S. used 1,003 million tons of coal at an average price
COMBINED ISLM MODEL
x=40-0.2p where x=x1+x2 c1=50+2x1+0.5x1 c2=100+10x2
explain the terms abnormal profits and normal profits
Q. Show factors that govern the Price Elasticity of Demand? a. The number and closeness of the substitutes- The more and the better the substitutes, the grater is the Price Ela
I sent to you an email for the online homework the deadline through 10 hours all questions are about 10 please do it in full score
You are given the following information about an economy: Gross Investment = 40 Govt. purchases of goods & service =
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