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Define Disposable Incomeand dumping
Disposable Income : The amount of income left after as deductions as income tax, pension contributions and national insurance. More generally called as 'take home pay'.
Dumping : The sale of goods in a foreign country at a price below that charged in the home market. This will often be completed at below cost price to dispose of surpluses of goods, or to establish markets.
relationship between total utilities and marginal utilities
Financial relationship with the IMF: IMF provides temporary assistance to member countries to tide over BOP deficits. When a country requires foreign exchange, its tenders its
market failure
#question.explain three neccessary condition to achieve pareto efficiency.
TC = 1q^3 - 40q^2 + 840q + 1800 Price= $750
Comparison with Our Needs: We can further test our performance by juxtaposing it with our requirements. Admittedly, it is very difficult to determine 'needed' rate of growth w
trend and structure of national income in nigeria
why we study micro econmics?
what is ratios GNP? what is use of models in macroeconomics?
explain and illustrate the changing demand for big mac using indefference curve and budget line
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