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distnguish betweenNational income at market price and National Income at factor cost, explain the importance of the distinction
Assume the economy has a GDP of $11,500 billion. The unemployment rate is at 7.3% and has been slowly rising for the last 6 months. Inflation was at 2.3% one year ago but has sin
Critically examine Say''s law of market
Firstly, it is imperative that I investigate the stochastic properties of each series considered in the model prior to estimating the effects of oil price shocks on macroeconomic a
HOW MARRIAGE AFFECTS GDP
Quantity Equation-Has this theory worked? Why or why not?
If you were a restaurant owner and you knew that the demand for your restaurant was elastic, how would you feel about a sales tax on restaurant food? Explain.
1) Consumption is positively related to stock market wealth but negatively related to taxes and tax rates.
how to relate macro economics theories with current indian economy
The economy of Macroland has a balanced budget with fixed government expenditures G = 150 and T = 150. Investment is autonomous: I = 200. The consumption function is the foll
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