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Aggregate demand in Keynesian analysisKey points Aggregate demand is the sum of four components: consumption, investment, government spending, and net exports. Consumption can change for a number of reasons, including movements in income, taxes, expectations about future income, and changes in wealth levels. Investment can change in response to its expected profitability, which in turn is shaped by...0 Comments 0 Shares 10K Views 0 Reviews
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The building blocks of Keynesian analysisKey points Keynesian economics is based on two main ideas. First, aggregate demand is more likely than aggregate supply to be the primary cause of a short-run economic event like a recession. Second, wages and prices can be sticky, and so, in an economic downturn, unemployment can result. The coordination argument states that downward wage and price flexibility...0 Comments 0 Shares 5K Views 0 Reviews
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What Are the Components of a Good Business Plan?A well-crafted business plan serves as a blueprint for your company’s success, whether you’re launching a startup, seeking funding, or outlining your long-term goals. It provides a comprehensive overview of your business, its objectives, and how you plan to achieve them. A strong business plan not only guides the internal operations of your business but also serves as a key tool...0 Comments 0 Shares 505 Views 0 Reviews
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What is a Business Plan?A business plan is a comprehensive document that outlines the vision, mission, goals, and strategies of a business. It serves as a blueprint for the company's operations, guiding decision-making, securing funding, and helping entrepreneurs and stakeholders navigate the journey of building and growing a business. Whether you're starting a new venture, looking to attract investors, or aiming to...0 Comments 0 Shares 476 Views 0 Reviews
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What to do if you have a mobile app idea: a beginner's guide.What to do if you have a mobile app idea: a beginner's guide. One fine morning, you wake up with the idea of creating a mobile app. If you haven't been able to get rid of this thought for a long time, it may be time to take action. There are already more than 3.25 million apps on Google Play, and over 2 million in the AppStore. But this is not the limit: more and more new applications appear....0 Comments 0 Shares 9K Views 0 Reviews