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What are economic growth and the growth rate?
Economic grow:
It rise in a country is real level of national output like measured through Gross Domestic Product (GDP). When GDP raises over time here is economic growth.
The rate of economic grows: It the percentage raise into real GDP over twelve months.
What is Frictional unemployment Individuals who are temporarily unemployed when transiting between jobs or just entering labour market. This kind is typically short in durat
explain the functions and role of the world bank
Calculate the marginal cost and marginal analysis for the following table. Calculate the answers and insert them into the shaded cells. Units Produces Cost per Unit Total Cost Ma
The GDP deflator in Economy land is 200 on January 1, 2010. The deflator rises to 242 by January 1, 2012, and to 266.2 by January 1, 2013. a. What is the annual rate of inflati
Illustrate the UK macroeconomic performance UK macroeconomic performance must be judged on economy's long-term ability to produce growth, create jobs and improve living standa
How does the Ricardo Viner diagram react when once price changes, effects on real wages, and labor allocation?
Do neoclassical economists view prices and wages as stickly or flexible
Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from the
Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demanded for ea
detail givn the transaction demand
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