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In the economy it is often necessary to stimulate the economy when it is going through a slump or a fall in growth, likewise it may be required to keep growth under control as a country thrives under stab...
Economic Recovery
Key macroeconomic variables, such as output, consumption and business investment, are shown to comove cyclically over time. This can be demonstrated by a di...
Demand side policies are used in times of recession or economic stagnation, to boost economic activity.
The idea behind this is to increase Agregate demand (AD) by increasi...
The short-term XPED for petrol and diesel is likely to be very low, as most consumers are unable to quickly switch between the two fuels for their vehicles. However, if there is a significant difference i...
Bill Phillips was an economist from New Zealand who spotted that when employment levels are high, wages rise faster, therefore people start spending more money, therefore, boosting aggregate demand. This ...
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