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what is economic integration
SUppose nominal GDP increases from 5.8 trillion to 6 trillion. The GDP deflator rose over that same year by 3.9 percent. By what percent does the real output increase?
Relate Overnight interest rates targets with money supply There are many ways to explain the important connection between the overnight interest rate target and the money suppl
Explain the Exchange rate system in western world The most common exchange rate system in western world during previous century was the fixed exchange rate system. Up to 1930s,
state and explain two factors that cause the shifts in the balance of payments curve.
using the marginal utility theory explain the consumption patten of consumers
The LM curve The LM curve shows all combinations of R and Y, where the money market is in equilibrium. The LM-curve slopes upwards. Mone
What is the development process? Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. A reduction of poverty
List the 3 factors that determine the price elasticity of demand? State the factor that determines the price elasticity of supply?
what effect would a rise in the velocity of money have on output, employment and price level?
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