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Q. Define Contribution Pensions?
Defined Contribution Pensions: A pension plan which makes no specified promise about level of pension paid out after retirement. In its place, a pensioner's income depends on the amount of money accumulated in a pre-funded retirement account, on investment returns and on interest rates at the time of retirement.
What is the theory of Second Best? Prove the theorem with the help of a diagram.
Physical Capital: A tangible tool, machine, building or other productive asset that is used to produce other goods or services. Pollution: Many economic activities involve disch
Profit: This is surplus left over after a company sells its output and pays off cost of production (which includes raw materials, labour costs and a proportional share of its capit
explain how scarcity impacts choice 2.expain the three steps process in economic analysis
critically evaluate the two main utility theories
explain and illustrate the changing demand for big mac using indefference curve and budget line
Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
What is law of demand
Public Expenditure Trends: The expenditure pattern of the Government sector has been generally guided by the concern about the role of the State in the economy, both as invest
Construct a table indicating the social expected loss corresponding to each combination of precaution choices by the two individuals. (ii) What is the socially efficient combinatio
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