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- I am looking to explain economic principles/ideas/ recent developments in economics.
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Entrepreneurial nurturer Paul Graham, of Y-Combinator fame, wrote in 2016 (http://www.paulgraham.com/ineq.html) that income inequality can arise from sources benign (successful startups creating wealth) or less benign (high-frequency traders moving a buck from one pocket to another). It has an intuitive appeal: the first source stacks a brick at the upper end of the Lorenz curve, actually increasing GDP, while the second just moves a brick from the lower to the higher end. But is this really true? Is there any way to distinguish between “good” and “bad” contributions to inequality? Is it even meaningful to make the distinction?
A country X has 5 percent inflation and 2 percent deficit and same country has 3 percent inflation and 7 percent deficit so the foreigners will make investment in which
one country
Why in classical model aggregate output remains constant and aggregate supply also remains vertical ?
How we can increase output in classical model ?
It is vertical in short run. In long run we can increase factors of production – capital, land, labour and increase productivity
Reasons why the demand curve shifts to the left
How does monetary policy being a measure to deal with inflation
Sir, what is great depression of 2008_09, its causes and effects on the European economy?
Is international trade significant to PNG economy?If so, how does it benefits the economy?If PNG has a current account deficit, what does imply and how does it affect PNG’s economy and how will this problem be solved?
Why is macroeconmics and microeconomics are inseperable twins
Sir, If a government imposed a subsidy on a product with highly inelastic demand curve but a very price elastic curve. What do you think would be the effects in both the short term and the long term for consumers and business in the market?
What are the advantages and disadvantages of beta and sigma convergence as methods for analysing?
Jamaica has undertaken inflation targeting with fairly good results…however the one significant problem is the currency has large swings, which itself can increase inflation (we import a lot of what we consume) …so my question……is inflation targeting less suitable for small import dependent economies without a traceable currency?
What are the three economic sectors and what are the differences between them?
This isn’t homework, but I don’t really get this topic and I need to summarise notes before my next exam.
https://www.economicshelp.org/blog/12436/concepts/sectors-economy/
What are the causes of environmental kuznets curve?
what are the impact of western agriculture subsidies to the agriculture trade in the developing countries?
Can a social monopoly make super normal profit?
Please what examples of goods tend to be inferior goods?