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What are the important aspects in tracking the macro-economy? Important aspects in tracking the macro-economy: a. How economists utilizes aggregate measures to track the pre
what are the model of money supply
Explain the economy automatic stabiliser A budget deficit is shortfall between a government's tax revenue and its spending in a given year. If a government runs a budget defici
briefly explain with keynesian consumption?
the central economic problem facing the group of survivors
list of all theories of business cycle theories
The below diagram demonstrates how all the variables are determined in classical model: Figure: Determination of all the variables in the classical model a) Start at
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.
A monopoly has a total cost function of C(Q) = 8Q and faces a market demand Q = 100 ? 2p, (a) calculate the deadweight loss; (b) The firm now spent an amount equal to half of
Why is it important for an organization to study and understand its external environment?
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