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Q. What is Keynesian model? Keynesian model is slightly more complicated than the classic model and it is developed in four stages by analysing four separate models. Every mode
Derive saving- investment recognize in the context of an open economy. From national income accounting shows that an enhance in taxes (whereas transfer unchanged) must imply a
With the aid of a diagram explain the Philip''s curve
discuss how opportunity cost principles influences a supplier''s decision to supply labor
Q. How much money can banks create? Does that mean that banks can create an unlimited amount of money? No the answer is no - it would require them to lend an unlimited amount o
Quantity Equation-Has this theory worked? Why or why not?
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Q. Relation between Money - wealth and income? Money isn't the same as wealth. An individual may be very wealthy however have no money (for instance by owning stocks and real e
factor contribute long run trend of term of trade in developing country
Q. Explain Reversed Say's Law? In the cross model, supply should instead follow demand. Cross model not only rejects Say's Law, it turns it entirely upside down. In the cross m
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