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Phillips Curve and Inflation-Unemployment in policy making : In the General Theory (Keynes, 1936) we noted that the state of expectations was taken as given. There was, in ad

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Q. Explain about Employment Rate? Employment Rate: This measures share of working age adults who are in fact employed in a paying position. Employment rate can be a better in

Economics 304 , 1. Implicit and explicit revenues minus implicit and explic...

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#title•The price of a laptop increases by 20% and there is a,

Identify the four essential economic activities, Identify the four essentia...

Identify the four essential economic activities. The four main economic activities are: a)  resource maintenance, b)  production, c)  distribution, and d) consumpti

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Questions (i)   You are an industry analyst. Last year, the production cost of Microprocessor increased remarkably due to labor unionization. Nevertheless, the industry experie

Determines price and output in the long run, Problem 1: (a) Differentia...

Problem 1: (a) Differentiate between positive and negative externalities? Justify your answer using examples. (b) To what extent do government policies influence externali

Determine the cost minimizing capital labour ratio, The production function...

The production function for (a Music company ) their CDs is q= 25*K*L , where q is the number of CDs produced each month, K is the hours of equipment used, and L is the hours of la

ECO 365, calculate demand function is Q=100-P, where Q is quantity demand a...

calculate demand function is Q=100-P, where Q is quantity demand and P is price

Essentials of development administration for economics, Essentials of Devel...

Essentials of Development Administration  Development administration, to be effective and efficient, needs to have the following ingredients:  Administrative Innovation: