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The original data values cannot be determined once they are grouped into a frequency distribution channel?
derive the isoprofit functin
State in brief the Nominal wage level In macroeconomics, we are generally not interested in the wage for a specific individual though in the average wage for all employed indi
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
what is the relationship betwen growth and poverty? either it is positive or negative?
Explain the chain reactions (primary and secondary effects) and show graphs of the following variables: (i) taxes increases, (ii) government spending increases and (iii)repo ra
Equilibrium Income The next step is to use the aggregate demand function, AD, to determine the equilibrium level of income and output. This is done in figure . Recall that the
What causes economic growth? Causes of economic growth: Into the Solow model, economic growth is based onto the quantity and quality of technology and resources. Growth
Cornell University conducted a study of wage differentials between men and women reported that one reason that men's wages are higher is that men tend to have more years of work ex
what happens when there is changes in the quantity supply?
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