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What happens when AD > AS past to full employment level of employment?
The market demand curve for latest houses would rise in response to a rise in: (1) construction technology. (2) The costs of lumber. (3) Housing prices. (4) Legal price ceilings on rental properties. (5) Expectations regarding future housing prices. Q : Development economics Government tax Government tax and transfer payments generally
Government tax and transfer payments generally
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
When heroin were legalized, in that case the: (w) market price of heroin would drop considerably. (x) demand would raise although supply would decrease. (y) demand would decrease but supply would increase. (z) price of cocaine would raise. Q : Equilibrium The equilibrium interest The equilibrium interest rate is determined
The equilibrium interest rate is determined
To begin with, let us recall our three-sector product-market equilibrium model given as C + I + G = C + S + TTo this three-sector model, we now add the foreign trade-the exports (X) and imports
What relationship does the MPC bear to the size of the multiplier? The MPS? What will the multiplier be when the MPS is 0, .4, .6, and 1
Explain in short the income approach to evaluate national income. Answer: Under income method to compute the National Income, the steps given below have been taken into account: A) First of all production units tha
IN which situation, there is a deficit in the balance of trade.
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