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What are the important aspects in tracking the macro-economy?
Important aspects in tracking the macro-economy:
a. How economists utilizes aggregate measures to track the presentation of the economy.
b. What gross domestic product (GDP) is and also the three methods of computing this.
c. The dissimilarity between real and nominal GDP and why real GDP is the suitable measure of real economic performance
d. The meaning of the unemployment rate and how this moves over the business cycle.
e. What a price index is and how this is used to compute the inflation rate.
give three example of models show endogenous and exogenous varibles
What does the United States do better than other countries?
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Differentiate between Actual and Potential output. Actual output is that level which economy in fact produces. In contrast, potential output is the aggregate capacity output o
what is money multiplier? what is role , importance, advantages , disadvantages , limitations and examples of money multiplier?
In 2010, Wonderlanders consumed 15 million liters of rum at an average price of $5 per liter. The Wonderland department of commerce has estimated that the price elasticity of the d
Critically examine the statement that privatization can always decentralize economic power.
There are three industrial firms in a quaint town of South Orange where the municipal government wants to reduce pollution to 120 units from uncontrolled level of 210 units. Three
Prepare calculations and a one to two page analysis, following the APA guidelines, that addresses the following: Assuming that the expectations theory is the correct theory of the
What is most likely to go wrong in the analysis of direct material and other direct costs and what could be done about it.
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