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it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run
The following information has been extracted from the recently published accounts of Noddy Plc: Balance sheet as at 31 st May
What causes a supply curve to shift? a. Changes into Input Prices An input is a good which is used to generate another good. b. Changes into Technology c. Chang
explain the terms abnormal profits and normal profits
mundell-Fleming Model
Which of the following would indicate the beginnings of an expansion of the economy? a. Fewer new firms are started. b. Stock market prices decline c. Consumer confidence improves
why is credit multiplier lower than money multiplier
Suppose you serve on an environmental policy planning board for the federal government. Your task is to propose a policy initiative aimed at reducing urban air pollution, using the
Criticism of keynesian system
Moving along a demand curve, quantity demanded decreases 8 percent when price increases 10 percent. a. The price elasticity of demand is calculated to be____________ b. Given the
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