Last minute Economics questions Watch

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TheWolf
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#21
Report 14 years ago
#21
(Original post by deianra)
I need to know if anyone has ever used any Keynesian vs. monetarist AS curves analysis in a 15 marker?

And how?
arrhhh its hard to explain, does your txt book say?
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PrincessParadox
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#22
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#22
can anyone explain the mathematics behind comparative advabtage?
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DazzaWazza
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#23
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#23
(Original post by PrincessParadox)
can anyone explain the mathematics behind comparative advabtage?
Is there any?

Most trade is based on comparative advantage. A country has a comparative advantage in a product if it can produce it at a lower opportunity cost than other countries.
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