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Which assumption of Classic OLS does this model violate?
Why some country saving less and consumption more?
What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country
What is methodological economics? how its significance, Describe use of methodological economics...
Use of Income elasticity of demand: Income elasticity of demand on the other hand, has the following uses (i) Income elasticity of demand shows how the pattern of consumer de
what makes it differ from other market structures
Ask quesQuestion 1. A firm has a production function given by Q = L1/2 K, where L is labour and K is capital. Draw and appropriately label at least three points on each of the isoq
Consumer Preferences Indifference curves represent all the combinations of market baskets which provide the same level of contentment to the person. Consumer Preferences
#question.what is probability and laws
What is the theory of second best? Prove the theorem with the help of diagram.
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