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Neo-classical synthesis is a synthesis of classical model and Keynesian model. In brief, it states that Keynesian model is correct in the short run whereas the classical analysis i
Burwood Mining is raising capital of $500,000 for its next project from the following sources: Sources Amount $ Common stock 100,000
Determine about the Inflation rate For many central banks, this is the variable they are mostly interested in controlling. For all central banks, it is an important variabl
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
In 2010, Wonderlanders consumed 15 million liters of rum at an average price of $5 per liter. The Wonderland department of commerce has estimated that the price elasticity of the d
The consumer price index for the 1978-82 periods and the GDP deflator follow. This was a period of unusually high, but declining, inflation. (The CPI is equal to 100 in the base ye
When a hurricane or flood or a pandemic strikes a country, who is most likely to respond first?
What is green GDP and How it is evaluated ?
Discuss the three major economic indicators and how they are indicative of our current economic climate.
What are the requirements for something to be considered money? Why does the dollar have value?
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