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What are the Two types of money
In most countries, one can identify two "types of money":
Total value of all the money in a country at a given point in time is known as the money supply and this is a vital macroeconomic variable. Reason for the importance of money supply is that it measures how much is available for immediate consumption. There is a significant relationship between supply of money and inflation.
draw a diagram that explains how interest rate sare determined in the keynesian macroeconomic model
Describe the differences between the substitution effect of a wage increase and the income effect of a wage increase.
You are given the following information about an economy: Gross Investment = 40 Govt. purchases of goods & service =
Discuss what policy changes he might be likely to propose with respect the issue that you identified as one about which he might be concerned.
SUppose nominal GDP increases from 5.8 trillion to 6 trillion. The GDP deflator rose over that same year by 3.9 percent. By what percent does the real output increase?
Suppose the consumption function is C = $500 billion + 0.55Y and the government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially
Q. Explain Consumer Price Index? CPI is a price index of a particular basket known as the CPI-basket. CPI-basket comprise essentially all the servicesand goods consumed in a co
There is a joke among economists that children are an "inferior good." In many countries there appears to be a negative relationship between income and the number children in a hou
Explain the chain reactions (primary and secondary effects) and show graphs of the following variables: (i) taxes increases, (ii) government spending increases and (iii)repo ra
Should the government increase, decrease or remain the same in its level of intervention when it comes to mandating that companies provide product information to consumers? What ha
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