A PCM transmitter sends out a 12-bit serial digital signal with 5 V corresponding to a 1 and 0 V corresponding to a 0. The signal passes over a transmission….
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How does the Random walk hypothesis differ from the Permanent Income Hypothesis?
Question .
a)Derive the dynamic aggregate demand curve?
b)Discuss the long run Philips curve and how does it filter from the short run Philips”s curve?
Question
a)Discuss the portfolio theory of demand for money?
b)How does the Random walk hypothesis differ from the Permanent Income Hypothesis?
c)What is a Consumption Puzzle?
Question
a)Explain the neoclasscal theory of residential investment?How does it differ from the accelerator theory of investment?
b)Describe briefly the Harrold-Domar economic growth model.
c)Is economic growth rate the same as economic development?
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