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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.
Distinguish between interventionist and market-led strategies of development. Explanation of interventionist strategy; heavy government involvement in the planning of output, p
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
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how do you create a combined ppc consisting of three people
Discuss about the evaluation step in analytical frameworks. Evaluations: The fifth step into studying an economic step is to estimate outcomes resulting through the under
Supply and demand for a given type of MP3 player are given by the following equations: P=980-1.5Qd P=20+0.9Qs
Suppose Dlamini has R5 000 to spend on trousers and shirts. The price of trousers is R500 each and that of shirts is R312.50 each. 6.1 Use the information and calculate consumer eq
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
prove the theorm with the help of diagram
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