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7 people have jobs, 3 want to work but are not, and there are 20 adults. What is the participation rate?
Perfect Competition. a. What does it mean for a market to be perfectly competitive? What are the three conditions of perfect competition. What does it mean for firms to be 'p
using a graph of the classical labour market,illustrate the effects of a real wage existing in the market that is lower than the equilibrium real wage.What will eventually happen i
what are the implications of corruption in economy and fiscal policy
WHAT ARE THE TYPES OF PROTECTIONISM IN INTERNATIONAL TRADE
Fiscal Policy An Increase in Government Spending: Figure 1 Let us examine how an increase in government spending affects the interest rate and the level of income.
Q. Explain the Says Law? GDP, and Say's Law Aggregate supply Y S = f(L, K) in the classical model where L is concluded in the labor market while K is
how can a country maintain equilibrium GDP with foreign trade?
give and explain national income variation
In order to encourage you to take interests in the current affairs in business, and have more concerns about the real world problems (which is what economics is about), you are req
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