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Can democracy survive if a majority of the citizenry pays little or nothing in taxes while benefiting directly from a higher level of government spending? Why or why not?
Determine the term- Nominal wages The nominal wage is wage per unit of time in currency used in the country- what we mainly just call wage. When we refer to wage in macroeconom
The study of the overall aspects and workings of a national economy is like as income, output, and the interrelationship between diverse economic sectors. It is the study of all as
The Government, Rest of the World and the financial markets Total expenditure of the government may be divided into two parts: transfers to the private sector and consumpti
Example of Fixed Investment-ACCOUNTING SYSTEM Consider again the economy in example III. An inventor offers to construct some machines for each of the three companies which wo
Q. State the Marginal Productivity Theory. What are its features and assumption? Marginal Productivity Theory of distribution states that in a capitalist economy the demand for
Why is it important for policymakers to consider both the direct and indirect effects of public policies?
WHO IS JOHN MANYARD KEYNES
7 people have jobs, 3 want to work but are not, and there are 20 adults. What is the participation rate?
factor contribute long run trend of term of trade in developing country
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
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