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Ask question #Minimum 100 wordsThe following is the information from the national income accounts for a hypothetical country: GDP
discuss the effect that the activities of a trade union might have on an economy?
State in brief the Nominal wage level In macroeconomics, we are generally not interested in the wage for a specific individual though in the average wage for all employed indi
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run
What are the basic differences between the investment curve and an investment demand curve for an economy
What is money and what is not money If you are trying to conclude if something is money, simply consider whether it would be accepted in most stores as payment. You then realiz
A sample of 2,000 licensed drivers revealed the following number of speeding violations. 0 violations for 1,910 drivers. 1 Violations for 46 drivers. 2 violations for 18 drivers. 3
Suppose there is a simultaneous increase in the demand for diamonds and increase in the supply of diamonds. Which of the following will occur as a result of these simultaneous even
How much does GDP rise in each of the following scenarios: 1. During a recession, the government raises unemploymemnt benefits by $100 million. 2. A new US airline purchases
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