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COMPARE AND CONTRAST CLASSICAL MODEL AND KEYNESIAN THEOTY
what is automatic stabilizer, example with diagram or graph please
THE PRODUCT MARKET Z=C+I+G C=a+bYd I=Io+I1Y-I2i Equilibrium condition, Y=Z, where Y represents output and Z is aggregate spending. THE FINANCIAL MARKET Md=MT+Mp MT=MTo+MT1Y Mp=Mpo
Sims (1980) introduced an exciting and ground-breaking new framework which would prove to be extremely insightful for macroeconomic analysis. This is known as vector autoregression
discuss the different of cost?draw the cost curves
What is the present worth of a cash flow that gives you $6 in every time period from 1 to 20 when the interest rate is zero?
#question.distinguish between economic growth and economic development.
why does the price level not enter desire consumption, investment and net exports of the desired aggregate expenditure function in the keynesian cross model
what is the importance of the quantity theory of money
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