Inflationary gap is the amount by which the aggregate demand rises above the level necessary for full employment in the economy while deflationary gap is the amount by which demand falls short of the level necessary for full employment in the economy
Dana05 answered the question on July 18, 2019 at 20:04
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Derive the balanced budget multiplier
(Solved)
Derive the balanced budget multiplier
Date posted:
July 18, 2019
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What factors cause a shift in the IS curve
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What factors cause a shift in the IS curve
Date posted:
July 18, 2019
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derive of the IS equation using the expenditure approach and assuming the absence of government.
(Solved)
Derive the IS equation using the expenditure approach and assuming the absence of government.
Date posted:
July 18, 2019
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Answers (1)
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Describe the life cycle income hypothesis of consumption
(Solved)
Describe the life cycle income hypothesis of consumption
Date posted:
July 18, 2019
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Describe the ratchet effect
(Solved)
Describe the ratchet effect
Date posted:
July 18, 2019
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Describe the absolute income hypothesis of consumption
(Solved)
Describe the absolute income hypothesis of consumption
Date posted:
July 18, 2019
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Highlight the factors that determine the size of an economy’s National Income
(Solved)
Highlight the factors that determine the size of an economy’s National Income
Date posted:
July 18, 2019
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What are the difficulties involved in the measuring of National Income
(Solved)
What are the difficulties involved in the measuring of National Income
Date posted:
July 18, 2019
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Identify the approaches to the measurement of national income
(Solved)
Identify the approaches to the measurement of national income
Date posted:
July 18, 2019
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Answers (1)
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Distinguish between leakages and injections in the economy giving examples
(Solved)
Distinguish between leakages and injections in the economy giving examples
Date posted:
July 18, 2019
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Answers (1)
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What are the limitations of macroeconomics
(Solved)
What are the limitations of macroeconomics
Date posted:
July 18, 2019
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How does the interest rate affect the prices, demand and yields of bonds
(Solved)
How does the interest rate affect the prices, demand and yields of bonds
Date posted:
July 18, 2019
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Answers (1)
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Briefly explain the factors affecting option prices
(Solved)
Briefly explain the factors affecting option prices
Date posted:
July 15, 2019
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State and discuss the limitations of Rostow’s five stages of economic development
(Solved)
State and discuss the limitations of Rostow’s five stages of economic development
Date posted:
July 3, 2019
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Discuss the characteristics of the fourth stage of development according to Rostow’s five stages of economic development
(Solved)
Discuss the characteristics of the fourth stage of development according to Rostow’s five stages of economic development
Date posted:
July 3, 2019
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Answers (1)
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Discuss the characteristics of the first stage of development according to Rostow’s five stages of economic development
(Solved)
Discuss the characteristics of the first stage of development according to Rostow’s five stages of economic development
Date posted:
July 3, 2019
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Discuss the contribution of Thomas Robert Matthews to the classical theory of economic growth
(Solved)
Discuss the contribution of Thomas Robert Matthews to the classical theory of economic growth
Date posted:
July 3, 2019
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Discuss the contribution of Adam smith to the classical theory of economic growth
(Solved)
Discuss the contribution of Adam smith to the classical theory of economic growth
Date posted:
July 3, 2019
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Kenya is currently experiencing very high level of unemployment among the youth. Explain the causes of youth unemployment and discuss elaborately the policy measures that you...
(Solved)
Kenya is currently experiencing very high level of unemployment among the youth. Explain the causes of youth unemployment and discuss elaborately the policy measures that you would adopt or recommend to government policy makers so as to deal decisively with this problem
Date posted:
June 30, 2019
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Answers (1)
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Briefly outline Karl Marx's critique of the classical system and show why his prediction that the capitalist system was doomed to collapse did not materialize
(Solved)
Briefly outline Karl Marx's critique of the classical system and show why his prediction that the capitalist system was doomed to collapse did not materialize.
Date posted:
April 5, 2019
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Answers (1)