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What is the difference between the short-run framework and the long-run framework? Discuss how each relates to supply and demand.
Suppose a company is considering two investment projects. Both projects require an upfront expenditure of $30 million. The company estimates that the cost of capital is 10% and tha
what is phillips curve
Concept of Preference, Utility Function: Concept of Preference, Utility Function and Indifference Curve Consumer preference ('R') specified by the above axioms can be represe
Application of Revealed Preference Approach It has been strongly argued, especially by Sir John Hicks, that one major advantage of revealed preference theory is that it is expl
A sample of 60 mutual funds was taken and the mean return in the sample was 13% with a standard deviation of 6.9%. The return on a particular index of stocks (against which the mut
what are the advantages and disadvantages of a national income and green GDP? national income figures are often used to compare living standards across countries and through time.
I am trying to figure out how to calculate the eqilibrium level of income and the multiplier
types of production function models
discuss mec
Roles of government in controlling market forces under neoclassical view
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