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Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
Explain, using the best framework you can think of (based on our class discussion), the effect of a large federal deficit on interest rates.
Whenever real GDP declines, nominal GDP must also decline
Shambles, a large toy retailer, are looking at bringing out a new range of soft toys. The range under consideration is "Mythical Beasts." The "Mythical Beasts" range will cost £50
Suppose that you decide to leave your current job(with a salary of $60,000) to start your own business in a building (with a market value of $400,000) you already own. You pay $45,
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?
Q. What do you meant by Investment? When we use the word investment, we characteristically mean 'gross investment'. Fundamentally, gross investment comprises all finished goods
Explain determination of national income using aggregate demand-aggregate supply and saving-investment methods for a three sector economy.
Explain the multiplier effect with example Deposits and loans in banks give rise to an important multiplier effect. We use a simple example to illustrate this effect. Consider
I want you to do online homework as you did before on aplia.com All questions are 10. They are in Aggregate Demand and Aggregate Supply The deadline within 24 hours. Please do
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