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if nominal GDP in 2002 exceeds nominal GDP in 2001, did real output rise?
the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their
Critically examine recent developments in demand theoryon #Minimum 100 words accepted#
Trade union can also pay a useful role in improving the wages of the workers without causing adverse effects on employment. This case which is intensely associated with the idea of
determination of interests rates in classical system
Economics- Definition Economics is the study of how societies utilize limited resources to make valuable commodities and allocate them among diverse people. Microeconomics h
Question 1: Compare and contrast between perfect competition and monopoly. Which of the two types of market structures is efficient? Question 2: Prepare a short notes
Effects of inflation: On Income Earners:Those on fixed incomes or assets (fixed in nominal terms) lose. However, those on incomes, which are directly related to the price leve
advantage dis advantage of pure monopoly
Question (a) Describe clearly the three concepts of elasticity of demand. Use appropriate examples and diagrams to support your answer. (b) Consider you have been appointed
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