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Aggregate household indebtedness:
This is the purchasing power of the sum of money outstanding that households have borrowed and are currently obligated to repay. If households are in debt to the degree that part of their current incomes are committed to instalment payments on previous purchases, they may well be obliged to reduce current consumption.
What is Rubenstein''s model in Game theory? A Rubinstein bargaining model is mainly refers to class of bargaining games which is main feature of alternating offers through an infi
Meaning of absolute cost difference and comparative cost difference.
The compact disk player has literally revolutionized the recording industry with its state-of-the-artclarity, sound, durability, and the fact that it costs less than cassette tape
What is the theory of Second Best? Prove the theorem with the help of a diagram.
waht are the characteristics of perfect competetion market
Mathematical Derivation of ordinary demand function: Here we present the mathematical and more general proof of the above result. Consider, again, the initial price income sit
WHAT IS PPC
4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector
mancosa assignment
marginal utility is applied on money or not
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