Steps to analyze modifications in equilibrium
What are the Steps to analyze modifications in equilibrium?
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Steps to analyze modifications in equilibrium:
1. Choose whether the event shifts the supply or demand curve or maybe both.2. Choose in which direction the curve shifts.3. Utilize the demand-supply diagram to view how the shift modifies the equilibrium price and quantity.
Which of the following lists includes only capital resources (and ther Which of the following lists includes only capital resources (and therefore no labor or land resources)?
What is the difference among the discount rate, prime rate and the subprime rates of interest? Which interest rate in particular build the 2008 recession? Explain how that happened.
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
Give a short history of how banking evolved into the sophisticated operation. Start first with the Goldsmith and sum up with the Banking system which we experience nowadays.
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