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EXPLAIN ANY FIVE USES OF NATIONAL INCOME STATISTICS
state and explain two factors that cause the shifts in the balance of payments curve.
the circular flow of income in an governed economy
Diagramatic explanation of pareto optimality
Many developing countries have suffered banking crises in which depositors lost part or all of their deposits (in some countries there is no deposit insurance). This type of crisis
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
What are the uses of time series data?
Define the individual consumer surplus and total producer surplus. Individual consumer: Individual consumer surplus is the net profit to an individual buyer through the purc
Q. Classical model of the labor market? We begin by explaining the classical model of the labor market. The demand for labor L D is assumed to be inversely re
Q. Explain about Labor Market in AS-AD model? In AS-AD model, economy will always be on the response curve - the thick line in chart below. Figure: The labor in the
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