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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
what are the effects of interest rate in the economy of south africa in unemployment, economic groth, employment. and economic growth
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
how to work out National Income?
Suppose the utility function is given by: u(x,y) = 3x+4y. What kind of goods are X and Y and what is the MRS?
How can we answer in Economic terms this questions: Why should the government consider to increase tax on cigarette
In 2010, Wonderlanders consumed 15 million liters of rum at an average price of $5 per liter. The Wonderland department of commerce has estimated that the price elasticity of the d
Assume a market with demand Q = 16p^(--2) that is supplied by a monopoly with costs C(Q) = 6 + Q2/8. 1. Calculate the equilibrium price, output and monopoly profits. 2. What
list and discuss the major markets and four agents in the circular flow economic?
Aggregate Demand Policies Both fiscal and monetary policy changes shift the AD curve. Let us see how, starting with a fiscal expansion. See figure 6.2. In the upper panel, the
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