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what are the limits of the trade between franci and galacia
Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demanded for ea
describe national income
State the Private sector in the circular flow Private sector total income is known as the national income. As private sector receives entire return from the factors of prod
what are the function of budget
Assume an economy that is operating above full employment. A. Draw a correctly labeled AD/AS graph showing: i. the problem in the economy ii. current price level and output iii. fu
An online stock trading company makes part of their revenue from clients when the clients trade stocks therefore, it is important to the company to have an good idea of how many tr
what is national income
Axiom of completeness: Consumer's choice is complete. Implication: Since consumer is rational, she must have a unique preference relation. That means the consumer choice is ei
i have an assignment i need it to be done by thursday march the 10th before midnight
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