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An Exception: OECD Economies
It isn't inevitable that there be such divergence. United States--with its 14 to 25-fold increase in output per worker over the years since 1870-hasn't been the fastest-growing economy in the world. Some other economies at different levels of development, industrialization and material productivity a century ago have now converged and their levels of productivity, economic structures and standards of living are now very close to those of the US. The six largest of these converging economies are today with United States so called Group-of-Seven the G-7 economies whose leaders gather for annual summit meetings. Their steady process of convergence to U.S. level from 1950 till 1990 is displayed in Figure below.
define economics in plural sense. .
all information about demand analysis
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hi i need price,cross and income elasticity of toyota corolla car. its only small part of the assignment topic so its need around 500 words. thanks ishwor
cartels model of collusive oligopoly
Economies of Common Services: Through the concentration of firms in a particular industry in a given geographical location, the firms may enjoy certain commonservices.These
Xd(Px)=5000-100Px
List two advantages of markets identified by the authors of the text. Markets can be a significant way of allocating resources. Markets include voluntary exchanges. Another b
give me three exceptional supply curves
How base case NPV analysis is applied in financial risk management
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