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unplandned change in inventory are coutned as investment spending by firms
what reasons limit the bargaining power of trade union in developing countries
In the short run, the discrepancy between actual and expected price level causes changes in output and employment. But in the long run, if all other things remain constant, the hig
calculation of fiscal deficit
Q. How to control Monetary policy? Remember that the money supply is equal to the money multiplier times the monetary base. We will presume that money multiplier is constant an
Give an example of a current event opportunity cost that includes graphs
Neo-classical thinking on growth: Neo-classical thinking on growth is owed to the Robert Solow whose exogenous growth models in the of the mid-20th century remained
example of ratio analysis
assuming that B=0.33 Y1998=[0.33]Y1998 Estimate the permanent income for 1998
The AS-AD model with inflation When we remove assumption of constant prices to allow varying real wages. Resulting model was known as AS-AD model. Similarly we now remove the a
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