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Compare the behavior of US macro-economy in 1980s and 1990s. (Up to 2001 events) Explain the decisions of demand management policies (fiscal and monetary) makers in the light of theoretical developments in these decades. How do you reconcile the development of theory...
Compare the behavior of US macro-economy in 1980s and 1990s. (Up to 2001 events) Explain the decisions of demand management policies (fiscal and monetary) makers in the light of theoretical developments in these decades. How do you reconcile the development of theory...
1) Given autonomous consumption = $200, MPC = .75; Calculate consumption & savings levels for the following levels of disposable income: Y: C: S: 0 200 1000 5000 2) Given that marginal propensity to consume = .8, calculate the following: a) The MPS b) The...
1) Given autonomous consumption = $200, MPC = .75; Calculate consumption & savings levels for the following levels of disposable income: Y: C: S: 0 200 1000 5000 2) Given that marginal propensity to consume = .8, calculate the following: a) The MPS b) The...
Discuss the major barriers to entry into an industry. Explain how each barrier can foster monopoly. Can any barrier be socially justifiable?
Discuss the major barriers to entry into an industry. Explain how each barrier can foster monopoly. Can any barrier be socially justifiable?
