Econ2040 Study guides, Class notes & Summaries

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ECON2040 QUESTIONS AND ANSWERS 2023
Exam (elaborations) • 10 pages • 2023

ECON2040 QUESTIONS AND ANSWERS 2023 Today's goods market: output supply and output demand formulas? - ANS-see boofkpk draw interaction diagram of households, firms govt. - ANS-cockballs Fiscal Authority's BC at time 't' - ANS-dingles Monetary authority's BC at 't' - ANS-davis dingle Consolidate govt. BC - ANS-shloap Total deficit - ANS-kmart What is main advantage of microfounded macroeconomics? - ANS-Essential to evaluate policy changes because individual decisions vary systemat...