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Mathematical Presentation: Consider the utility function U = U(x 1 , x 2 ). Differentiating totally, we get the following: dU = U 1 dx 1 + U 2 dx 2 = 0 (as along the indiffe
Aggregate supply Remember that labor demand provides us profit-maximizing quantity of L for a given real wage. If W/P is given (as it's in cross model), we can find profit-maxi
what is the company lidted in NASDAQ that is included in the dow jones industrial average
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How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
What is the difference between money multiplier and credit multiplier
Equilibrium in the money market In the IS-LM-model, we have equilibrium in the money market when MD(Y, R) = MS This is the equation
The LM curve with inflation We know that LM curve will shift upwards when P increases (presuming MS is constant). This is still true though we can also add that LM curve glid
list and discuss the major markets and four agents in the circular flow economic?
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