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Is there a trade-off between inflation and unemployment?
The Keynesian side posits that policies can indeed be used to stimulate demand - demand-side policies - and those markets are imperfect and therefore need priming. The opposing view, from the monetarist/classical side, argues that any intervention by government aimed at stimulating demand beyond the full employment level of output (i.e. LRAS) will be purely inflationary - the trade-off is a SR issue.
V alue Additivity In an efficient market the value of any 2 assets can be estimated as the sum of the values of the two individual assets. This is a variation on the theme
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Stackleberg Model : is another attempt at understanding the strategic decision making of oligopolistic firms. It derives its name from Heinrich Freiherr von Stackelberg whose brain
. Keep slope of supply constant and apply different slopes of demand curve and then show what happens if control price impose. Similarly, keep demand curve constant and apply diffe
explain and illustrate the changing demand for big mac using indefference curve and budget line
WHAT ARE THE COMPONENT OF ECONOMICS
(a) What is meant by heteroscedasticity and what are the consequences of applying OLS estimation in its presence? (b) Explain in details the Generalised least Square procedure
PRODUCTION AND PRODUCTIVITY DIAGRAM BEHAVIORAL RELATIONSHIP
Capital make large scale production and greater degree of specialization possible. Thus with capital accumulation the advantages of large scale production and specializations are o
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