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Burden of the national debt
The extent of the burden on a nation of public debt, depends in the first place on whether it is an external or an internal debt. The burden of the national debt to the community can be approximated by the cost of serving it. The cost of servicing the public debt can be calculated:
i. Per head of the population, or
ii. As a percentage of government revenue, or
iii. As a percentage of the national income.
Whichever method used, the National debt shall have the following burden on society:
what is the importance of demand forecasting to managers
types of elasticity
demand function is q=4850 - 5p(1) + 1.5p(2) + 0.1 Y WHEN Y=10000 p(1)=200 p(2)= 100 find income elasticity of demand for p(1)
CAPITAL ACCOUNT This records all transactions arising from capital movements into and out of the country. There are a variety of such capital flows recorded, namely: i.
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How economics contributes to managerial functions However economics is variously defined, it's basically the study of logic andtechniques and tools, to make optimum use of ava
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Suppose that in an isoquant mapping, you should consider three isoquants with 1000, 2000 & 3000 units of output. The price of capital is Rs 2 a unit, and the price of labor is Rs 1
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The Market Demand Curve Quantity of a commodity that an individual is willing to buy at a particular price of the commodity during a specific time period, given his money incom
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