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Explain determination of national income using aggregate demand-aggregate supply and saving-investment methods for a three sector economy.
working of static and dynamic multiplier in consumption function
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
Which economic system is the best solution to handling a crisis of epic proportion?
Q. Important points about the classic model? The most important points about the classic model are as following: Monetary and fiscal policy can't affect the GDP or unem
Aggregate demand with inflation In previous versions of Keynesian model, Components of aggregate demand did not depend on P. In IS-LM and in AS-AD models, investments depended
The law requires that the parties be competent to enter into a contract. Give an example of a party who lacks competence.
what cause keynesian unemployment?
Note and explain the identification problem associated with the following statement. "During Bill Clinton's presidency the US economy saw unusually strong economic growth; thus, Mr
unplanned changes in inventory are counted as inventory spending by firms.say true or false and justify
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