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Absolute income hypothesis
1. Consider two projects. The first project pays benefits of $90 today and nothing else. The second project pays nothing today, nothing one year from now, but $100 two
how would you describe a neo-keynesian (or neoclassical) synthesis? and why did Joan Robinson label it "bastard Keynesian"
The prices of fresh fruits have risen recently in the Jackson area. Why would this have occurred? Explain.
#“Nominal GDP declined between 2008 and 2009, therefore the GDP deflator must also have declined.”
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
Cost Reduction Positive measures to effect a lowering of costs include: reducing national insurance contributions (an ad valorem tax on employing labor);
How do countries grow Economic growth? Economic growth is attaining by increasing: • Quantity of resources by investment • Quality of resources by training as well as R
WHAT IT MEAN
Employ the weights given below and suppose that 2002 is the base year with a CPI equal to 100. Suppose also that since 2002 the price of food has increased by 10 percent; the price
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