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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.
Prove the theory of second best with the help of a diagram
explain slutsky theorm with graphical representation
Tax Policy Implementation: Take, e.g., the case of tax policy. It attempted to raise resources by a combination of direct and indirect taxes to finance a large part of increa
U+v, UV, u/v
Market equilibrium happens where supply equals demand (supply curve intersects demand curve). An equilibrium implies that there is no force that will cause further changes in pri
what is cob duglus production function?
explain the nature and scope of economics.
what are the factors influencing supply
about opean market economy
what is the energy of violet light with a frequency =7.50 x 10 to the 14 s-1
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