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A person chooses between leisure and consumption. All of their consumption comes from current income. The utility derived from any combination of leisure and consumption is given b
Ask question #Minimum 100 words accepted I need help with homewok
If a government finances an increase in its expenditures by selling bonds to the public, then the aggregate demand curve will: A. not shift. B. shift out more if crowding out occur
what reasons limit the bargaining power of trade union in developing countries
1. Consider the market for a particular type of computer memory chip. Would you expect the long-run (own-price) elasticity of supply to be larger or smaller than the short-run elas
Why is private property, and theand the protection of property rights , so critical to the success of the market system ? How do property rights encourage cooperation?
unplanned changes in inventory are counted as inventory spending by firms.say true or false and justify
using the fisher equation what can you infer about expected inflation in canada and in the united states?
Relation between nominal interest rate, real interest rate and inflation If we denote the nominal interest rate by R, the real rate by r and the expected inflation by p e then
In the long-run framework, budget surpluses: A. should be run on a permanent basis since they boost saving and investment and stimulate economic growth. B. should be run whenever o
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