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Q. Construction of real gross domestic product ? To be able to make reasonable comparisons of GDP over time, we should adjust for inflation. For instance, if prices are doubled
If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are $-10 billion, government pur
explain how national income is determined under the following economies; 1.frugal economy 2.governed economy
what are the limitation of economies scales
law of indefference curve
what effect would a rise in the velocity of money have on output, employment and price level?
show on the market for cheese that impact of what happened in the milk market.
Q. Explain about Household savings? Remember that consumption may refer to observed consumption as well as to demand for consumption. The same is true for 'household savings',
A textile mill releases pollution into nearby wetlands, and the associated health and ecological damages are not considered in the private market. Suppose you observe the following
real gdp measures?
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