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The price of gasoline has recently come down as has the quantity. Show graphically and explain what might have caused this.
Which of the following will cause property crime to increase? a) An increase in jail terms. b) A decrease in personal incomes. c) An increase in the probability of arrest.
Equilibrium in both the goods and in the money market If both the goods- and the money markets are to be in equilibrium... ...if P increases, Y must fal
The analysis of the speculative demand for money reveals the importance of the level of wealth. Explain this assertion in detail
what are some internal market forces and how is the outcome of output, jobs, prices, growth, and international balance
The economy of Macroland has a balanced budget with fixed government expenditures G = 150 and T = 150. Investment is autonomous: I = 200. The consumption function is the foll
Index number formulas
Business Cycles Economic growth is not a continuous process. Superimposed on the long-term trends are short-term fluctuations in the levels of economic activity and\or in grow
The data is posted on Blackboard. Download the data lfs4.dta on your personal computer. This data is from the Labour Force Survey 2003. In STATA, add enough memory to open the data
explain and illustrate how the Lm curve is derived.
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