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Is there a trade-off between inflation and unemployment? The Keynesian side posits that policies can indeed be used to stimulate demand - demand-side policies - and those mar
Outline four limitation of game theory?
what will cause a firms demand curve to shift: a a change in sellers profit associated with the good or service b change in technology for good cchange in non price variable in dem
what are the merits and demerits of deductive inductive methods in economic analysis?
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above.
example of cournot model
Characteristics of prisoners dilemma
what is histogram?
Risk Averse: - A person who prefers certain given income to risky income with same expected value. - A person is careful risk averse if they have a diminishing marginal ut
How might a change in the exchange rate affect the domestic economy of the country? A change in the exchange rate - ceteris paribus - will alter relative prices between trading
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