consumer equilibrium, Microeconomics

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what is equilibrium

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Current Account: The Current Account can be broken down into two parts, viz., one, balance of trade, and, two, balance on invisibles. The Balance of Trade (BOT) deals only wit

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What is return on investment?   Return on investment is the profit earned by investing in some business or some project, for instance investment in stock exchange. Profit earned

Demands for the two market are P1=15-, demand for two market are P1=15-Q1&P...

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effect of tariffs on national income and employment

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Explain how a floating exchange rate works and the variables which affect the rate. Define a floating exchange rate as the price of a currency (in terms of another or basket of

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Fiscal Imbalance: The persistent rise in resource gap has led to a growing volume of public debt. The central feature that emerges is a serious fiscal imbalance, arising from

Macroeconomics, in the keynesian model, the price is assumed to be what?

in the keynesian model, the price is assumed to be what?

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discuss the methods used by the malaysian government to slow down import growth.

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Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b

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(a)    Explain why the Pareto criterion does not provide a complete ordering of the ordinal utility space (b)   The competitive equilibrium is the only allocation where the gain

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