What causes the labour and capital markets to clear in the model of this chapter?
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Q45: Real saving is: Q46: In the market clearing model, nominal saving Q47: In the market clearing model, the demand Q48: How is profit calculated in the model? Q49: To maximize profit a firm should hire Q51: In the market clearing model: Q52: In the market clearing model, nominal saving Q53: An investment in the model of this Q54: What is the household real budget constraint Q55: What is real profit in the model
A) ![]()
A)households can owe
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