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in the keynesian cross assume that the consumption function is given by c=200+0.75(y-t). given planned investment is 100, government purchases and taxes are both 100. then what i
When a hurricane or flood or a pandemic strikes a country, who is most likely to respond first?
why is international trade important for South Africa?
what have you learned from the class
why does the price level not enter desire consumption, investment and net exports of the desired aggregate expenditure function in the keynesian cross model
Q. What do you mean by Exchange rate? Exchange rate is defined as the price of one unit of currency in terms of another currency. If one euro costs 1.5 USD then 1 USD costs 1/1
Question 1: Discuss why living standards are higher in some countries than others. Question 2: (a) How is inflation measured? (b) What are the causes and consequence
when the income velocity of circulation (V) rises, why does the economy''s total output must rise?
it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run
how large money is supply (M1)
what is money multiplier?what is role , importance, advantages , disadvantages , limitations and examples of money multiplier?
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