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Evaluate the mercantilist economists. Determine which economist you feel made the most significant contribution to economic theory. Provide at least two (2) reasons to support your
In the long run A. price and output levels are mutually dependent. B. the level of output depends on the price level. C. the level of output is independent of the price level.
Consider the following: An economy is found to have output, y = 20000 Also assume that the government runs a deficit where tax revenue T= 4000 and government expenditures G=5000
The structural deficit: A. falls as the economy expands and rises when it contracts. B. changes as actual income changes regardless of potential income. C. does not change when inc
mention and explain four factors that determine the volume of production.
I want a Fiscal policy in the School of rational expectations.
Calculate the equilibrium price and quantity?
The price level is the monetary value of a good or service.
how to relate macro economics theories with current indian economy
Discuss what policy changes he might be likely to propose with respect the issue that you identified as one about which he might be concerned.
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