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EQUATION INSANITY
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Name me
Monopolistic compeition
Name me
Monopolistic compeition
Resource to hire
MRP=MRC
Real Interest RAtes
Nominal -inflation=real
Real GDP
Nominal/deflator
NAme me
Monopoly
NAme me
LFMarket
Tax Muiltiplier
MPC/MPSXchange T
Gov Spending Multiplier
1/mps X Change G
Cross elasticity
%Chaneg Qa/%change price b
Income Elasticity
%change q/%change income
Elasticity (price demand)
%change Q/%change Price
Utility Maximization
MUa/Pa=MUb/Pb on last dollar
Profit Maximizing Quantity to hire
MRP=MRC
Profit maximizing quantity to produce
MR=MC