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GDP vs GNP in kenya
Question 3 (44 marks) Please note that this question requires substantial research. A summary from the text book is not sufficient. To score well you will have to consult several a
In 1 to 2 sentences respond to the following comment. "Cleaning your own house is not counted in gross domestic product because it does not represent economic production."
After a competitive bidding process, Firm G wins a contract to collect and dispose of Firm H's hazardous waste for $1,000 per year. Firm G's labor costs are $200 per year, and beca
Define the term- inflation Inflation between two points in time is defined as the percentage increase of price index between these two points in time.
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
List and briefly describe the principal causes of high population growth in developing countries and the major consequences.
examine keynesian theory of un employment
Question 1: (a) What are the characteristics of market and command economies? (b) In a number of countries in recent years, there has been a movement towards a greater rel
concept of static and dynamic multiplier
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