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The following is the information from the national income accounts for a hypothetical country: GDP
Consider the impact of an increase in thriftiness in the Keynesian-cross analysis. Assume that the marginal propensity to consume is unchanged, but the intercept of the consumption
Explain production as an income generating activity. What are the principal difference among government purchases of goods & service and transfer payments? Why are in
Assume the residents of an economy spend all of their income on cauliflower, broccoli and carrots. In 2003 they buy100 heads of cauliflowers for Rs. 200; 50 bunch of broccoli f
"Nearly all critics agree that consumers have the most benefits in a perfectly competitive market." Does the above statement apply to microeconomics or macroeconomics? Why? Think a
difference between mercantilism and absolute advantage
impact of change in government expenditure and tax on fiscal policy
what does international trade fails to its claims ?
solutions to central problems of economy.
You just inherited a house with a market value of $300,000, and do not expect the market value to change. Each year, you will pay $1,000 for utilities and $3,000 in taxes. You can
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