The economic growth also economic developments

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Q. Explains vicious cycle of poverty? Explain the difference between the economic growth also economic developments?

Q. with greater deficit expenditure: the US treasury buys bonds, the consumption function shifts downward, the cumulative provide curve shifts to the right or the cumulative demand curve shifts to the right?

Q. Explain the difference between absolute also comparative advantages also utilize these concepts to explain when two countries may find it beneficial to trade commodities. Give an example of the trade of two commodities between two nations illustrating these gains from trade.

Reference no: EM1322963

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