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Market for Resources other than Labor

Market for Resources other than Labor. What Resources?. You may recall that the basic economic resources in an economy are land, labor, capital and entrepreneurial ability. We have already studied the market for labor. Our concern here will be with land, capital and entrepreneurial ability.

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509 views • 36 slides

Long-Run Aggregate Supply and Aggregate Demand

Long-Run Aggregate Supply and Aggregate Demand. Chapter 11. Outline. From Short Run to Long Run Long Run Equilibrium in the AD-AS Model Economic Growth and On-Going Inflation The Inflation-Unemployment Relationship Taxation and AS. From Short Run to Long Run. Short Run (SR).

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460 views • 27 slides

Nils Schneekloth FUNDING 2nd Project Meeting December 9, 2005, Leuven

WP 4: Testing the EU-wide equity and efficiency effects of alternative pricing and revenue use strategies. Nils Schneekloth FUNDING 2nd Project Meeting December 9, 2005, Leuven. Main features of CGEurope. CGEurope is a S patial C omputable G eneral E quilibrium model

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254 views • 12 slides

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Higher output prices - PowerPoint PPT Presentation

Market for Resources other than Labor

Long-Run Aggregate Supply and Aggregate Demand

Nils Schneekloth FUNDING 2nd Project Meeting December 9, 2005, Leuven