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What are the advantages of leaving resource allocation to price allocation? Ans) The 5 benefits are Neutral, Flexible, Freedom of choice, No administrative cost and lastly Dimin
What would happen to the US market of new homes, if Bank of America raises interest rates, from 1% to 3%?
The economy of Macroland has a balanced budget with fixed government expenditures G = 150 and T = 150. Investment is autonomous: I = 200. The consumption function is the foll
n 2013, approximately 58 percent of the adult population (245 million) was employed, the lowest employment rate in 20 years. If the employment rate increased to the prerecession l
What is the difference between heckscher_olin theory and comparative theory
Does a firm's price equal marginal cost in the short run, in the long run, or both? Explain.
illustrate the effects of a reeal wage existing in the labour market if it is perfectly competitive
A manager at a local bank analyzed the relationship between monthly salary and three independent variables: length of service (measured in months), gender (0 = female, 1 = male) an
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There are many ways to measure the national income. a) List at least 5 of themk question #Minimum 100 words accepted#
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