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.
Compare the costing and pricing process of heterodox pricing process to the procedures utilized in neoclassical microeconomics to set prices. In what ways are heterodox prices altered from neoclassical prices?
simultaneous method in demand forecasting?
Define the term Mixed Economy and also state their advantages and disadvantages?
Matt’s life is divided into two time periods, young and old, and his utility is a function of two “goods”: consumption when young and consumption whenever old. Consumption when young and consumption when old are both of normal goods to Ma
Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below: Q : What is an Economic Territory Economic Economic Territory: This refers to the region of a country where there is a free movement of goods, capital and human resources.
Economic Territory: This refers to the region of a country where there is a free movement of goods, capital and human resources.
If the European euro declines in value (depreciates) in the foreign exchange market, would it be easier or harder for the French to sell their wine in the United States? Suppose you were planning a trip to Paris. How would the depreciation of the euro chan
Writ short note on the Income of personal distribution?
Explain the law of supply. Why does the supply curve slope upward?
What divergences arise between equilibrium and an efficient output spillover benefits are present? How might government correct this divergence?
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