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Given the above trade between the two countries, explain the trade effects on product prices, and factor incomes. Why do these effects occur?
Marginal Propensity to save (MPS) is the ratio of change in total saving to change in total disposable income. Symbolically, MPS = ?S/?Y For example, total
Could you please tell me an example and describe example of macroeconomics?
RELATIONSHIP WITH 8 VARIANTS OF NATIONAL PRODUCT AGGREGATES We have shown the distinction between national product at market prices and national product at factor cost, based
Many developing countries have suffered banking crises in which depositors lost part or all of their deposits (in some countries there is no deposit insurance). This type of crisis
concept of static and dynamic multiplier
a good is classified as inferior if a. consumers buy less when the price rises b. consumers buy less when the income rises c. consumers buy less when the price falls d.
critically explain solow model of economic growth
If the price of a good rises, what are people likely to do? a Substitute a less expensive good b Buy more of the good c Buy more of all goods because of added buying power d All of
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
what are the purposes of taxation?
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