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Banks: A company which accepts deposits and issues new loans. It makes profit by charging more interest for loans than it pays on deposits, and through several service charges. By issuing new loans (or credit) banks create new money that is necessary to promoting economic growth and job creation.
Dynamic model
how does pp curve solve the problem of how to produce, what yo produce, and when to produce?
1. Clorox lowers the price of its GreenWorks TM bathroom cleaner. All other things remaining the same, choose how you think this will impact the market price of Pine-Sol. (Circl
Reorder Point Techniques Systems based on reorder points assume that demand is uniform and predictable and that there is no true identifiable time of need. Hence, stock must a
Why is human capital so important in the development process? Explain human capital in terms of (the sum of) education/training/experience/ literacy etc, and clearly show how t
Illustrate and explain the changing demand for big mac using the indifference curve and budget line.
explain the various marginal uses and limitations of break even poin?
identify three factors to criticize the theory of consumer behavior or utility theory
explain the main criteria for classifying firms into industries.which criteria serve the better and why?
contemporary issues in microeconomics in nigeria
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