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using the basic Keynesian model answewr the following parts carefully using the relevant diagrams. what happens to the equilibrium level of GDP(Y) given the following: a) a reducti
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
What have been some justifications given for the historical exclusion of household production from the national accounts? Some reasons have included: a. households are not p
how much for taking a test
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
Supply function given by equation QS = 3P - 50. Write an equation proposals if: a) Government introduces subsidies of 5 $ per unit; b) the government introduced subsidies of 15%
When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT: The main function of the IBRD is of long-term capital assistance to its member-countries for their reconstruction and de
Elastic and Inelastic Demand can be understood as follows: Slope and elasticity of demand have an inverse relationship between them. When slope is high elasticity of demand bec
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