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output and price determination under oligopoly market structure
1. Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from t
Capital Gain: A capital gain is a form of profit which is earned on an investment by re-selling an asset for more than it cost to buy. Assets that can be purchased for this purpose
discuss and illustrates the following terms with diagrams1.inferior goods.2.normal goods,3.giffen goods
Explain the micro and macro economic issues that can be represented on the PPC
EXCHANGE RATE SYSTEM: It is interesting to look at a case study of a country like India for several reasons: first it is a small country in terms of imports and exports as a p
explain two theories of economic rent
Andrew has preference given by: u(x,y) = min{2x, 3y} The price for good x and good y are identical and equal to 4. At his optimal consumption bundle he achieves a utility of 90. W
trend and structure of national income in nigeria
Compare and Contrast Classical and Neo classical theory of interest
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