Over a million students use our free study notes to help them with their homework
The most simple definition of the multiplier effect is an initial injection in to the circular flow of income, that results in a larger final increase in real GDP. This process is a result of additional r...
Monopolies are the sole suppliers in a market, who are price makers, can create barriers to entry, create a unique product, and face a downward sloping demand curve. Under perfect competition, there are m...
The Prisoner's Dilemma is an example of a game theoretical model. Game theory is a mathematical tool you can use to try to figure out what people might do in certain situations. In game theory terms, we c...
Demand-pull - This type of inflation is caused by a rise in aggregate demand in the economy. The components of aggregate demand are consumption, investment, government spending and net exports. A rise in ...
Impacts of the government building houses (direct provision):changing property prices (falling) not good for home owners. There may be a fall in the rental market from this.The purpose of this government ...
←
37
38
39
40
41
→
Internet Safety
Payment Security
Cyber
Essentials
