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what are the implications of corruption in economy and fiscal policy
Consider an economy that having only of those who bake bread and those who make its ingredients. Assume that this economy's production is as follows: 1 million loaves of bread
Explain how inflation unemployment trade-off is not feasible under adaptive expectation.MEC002
If demand increases and the supply increases also, then what will happen to the new equilibrium price and equilibrium quantity? Explain what is happening with the curves and how pr
Illustrate the three approaches of measuring national income? Show that these three approaches give identical result. Explain private saving. How is the private saving used
ABSOLUTE ADVANTAGE
discuss.
subjective questions on national income determination
The Transmission Mechanism The mechanism by which the changes in monetary policy affect aggregate demand is called 'transmission mechanism'. Two stages in transmission mechanis
what is a limitation of nation income
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