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In the long-run framework, deficits reduce: A. investment. B. taxes. C. government consumption. D. subsidies.
comparison between neoclassical factor endowment theory of international trade and classical labor cost theory of comparative advantage
what wil hapen to the real wage if the nominal wages and prices rise at the same rate per year?
ABSOLUTE ADVANTAGE
Lag Length criteria VAR Lag Order Selection Criteria Endogenous variables: OIL EXCH R RPI LUNEMP GDP
Aggregate Supply in the Short Run Production takes place in business sector on the basis of an expected price for its output. However, costs are incurred in anticipation of sa
In the view of above complications, there is a long-standing debate on whether the fiscal policy should be active or passive in nature. Note that in the Keynesian context; even a p
How growth are improved living standards The two main benefits of growth are improved living standards and technological advancement. As an economy grows, the output of
Relate overnight interest rates with interest rates By controlling overnight interest rates, the central bank will affect the interest rates with longer maturity. The reason f
Singer suggests that although the right to sell blood does not threaten the formal right to give blood, it is incompatible with "the right to give blood, which cannot be bought, wh
The prices of fresh fruits have risen recently in the Jackson area. Why would this have occurred? Explain.
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