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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 ...
Should always have A data point from the extract for each point making... (in this case the Data is not available) and you should take your points from the extract given.Firstly looser fiscal policy: fisc...
The positive supply shock for Easter rabbits will shift the supply curve outwards, while demand remains unchanged. In the short term the quantity of Easter rabbits bought will increase while the price for...
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