Illustrate several theories about causation
Illustrate several theories about causation?
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Several theories about causation are as follows:-
1. Major innovations may trigger new investment and/or consumption spending.
2. Changes in productivity may be a related cause.
3. Most agree that the level of aggregate spending is important, especially changes on capital goods and consumer durables.
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Illustrate the several determinants of demand besides price which affect demand?
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What are the determinants of demand?
Suppose that, based on a nation’s production possibilities curve, for 10,000 pizzas domestically an economy must sacrifice to get the one additional industrial robot it desires, but can get that robot from another country in exchange for 9,000 pizzas. To the fol
The cornerstone of typical economic theory derived through the work of Jeremy Bentham was the perception of (i) the wages fund. (ii) natural checks on population. (iii) increasing cost. (iv) utility. (v) surplus value. Discover Q & A Leading Solution Library Avail More Than 1434497 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1952549 Asked 3,689 Active Tutors 1434497 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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