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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.
Types of production function
the price of a laptop increases by 20% and there is a 40% drop in the quantity demanded
if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.
Explain crowding out and why it may be considered important for policy makers. Crowding out refers to how enhanced government borrowing (real borrowing!) might serve to raise i
Indifference curve definition
have to do a group project on consumer equlibrium. plz help on wat sub topics to select (i am in college 1st year)
is it just assumed that a monopoly graph is showing economic profit instead of accounting profit
Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?
Assume that the employer (principle) wants its employee (agent) to work hard [You can safely assume that this maximizes the principle's expected profits from his business]. There a
Preference to Non-debt Creating Capital Flows: The most important element of strategy has been the paradigm shift in the attitude towards inflow of capital from abroad. Capit
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