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Aggregate Consumption This is the aggregate of all expenditures on current consumption goods and services i.e. those which are consumed during the period. Living standards are
Q. What is the basic function of Central banks? A central bank is a public authority which is responsible for monetary policy for a country or a group of countries. Two signifi
Consider the market for the trusty widget (the most common good in the world if economics textbooks are to be believed). Assume that the market is perfectly competitive. Suppose th
exam notes of national income accounting
if we impose any rule and regulation on clasical model like not expoit polutionso what is effect on factor of clasical model
Explain the Gains from Trade of market. Producer Surplus, Consumer Surplus, Gains through Trade and Efficiency of Markets: Consumers and producers both are better off since
how can a central bank diminish inflation
Some manufacturing and agricultural products produced in the Midwest are exported to overseas markets. US consumers and businesses also purchase many products produced outside the
Sara runs a small business assembling personal computers. This table shows her total cost at different levels of output. Number of computers produced
# ???? .. difference between gdp at market price and nnp at factor cost
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