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In the development of general equilibrium who discovered how to analyze and measure the economy as a whole?
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∙ 7y ago
Léon Walras
MacDaddy
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Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What economy uses the equilibrium price?
a market economy
After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?
wait for the economy to achieve equilibrium
Is development of economy internal or external phenomenon?
development of an economy is an internal phenomenon as it comes from within.
A recessionary gap is?
A recessionary gap is where an economy is operating below its full employment equilibrium.
Who discovered how to analyze and measure the economy as a whole?
john stuart hill
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What economy uses the equilibrium price?
a market economy
What has the author Masahiro Okuno written?
Masahiro Okuno has written: 'On the efficiency of competitive equilibrium in infinite horizon economy and money' -- subject(s): Equilibrium (Economics) 'On the efficiency of competitive equilibrium in infinite horizon economy and money' -- subject(s): Equilibrium (Economics)
When the leakages and injections of the economy are balanced it is called what?
equilibrium
If C is 100 Ig is 50 Xn is -10 and G is 30 what is the economy's equilibrium GDP?
If C is 100 Ig is 50 Xn is -10 and G is 30 what is the economy's equilibrium GDP?
After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?
wait for the economy to achieve equilibrium
Is development of economy internal or external phenomenon?
development of an economy is an internal phenomenon as it comes from within.
Why do you study political economy?
You don't.
A recessionary gap is?
A recessionary gap is where an economy is operating below its full employment equilibrium.
What is state led development?
State led development is where the Government leads the development in an economy.
How research will be helpful for the development of a nation's economy with real time examples?
Of course, research will be helpful for the development of a nation's economy. The more research there is, the better it will be for that nation's economy.
