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Capital: Broadly defined, capital represents tools that people use when they work, to make their work more efficient andproductive. Under capitalism, capital can also refer to a su
It is also known a sleadig indicators forecasting National Bureau of Economic Research of U. S.A has identified three types of indicate Leading indicators coincidental indicators a
limitation of kaldor hicks in compensation test and welfare criteria
Explain about the deadweight loss and elasticitie s. Deadweight Loss and Elasticities The general rule for economic policy is the other things equivalent; you need to choose
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
the basic circular flow model suggests that...
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
Impact of Economic Reforms on Labour: It would be of interest to study the industrial relations scenario in the pre-reform and post-reform period. Data provided in table 8.4 r
How might an accurate value for the multiplier aid a government in setting fiscal policy? Any given multiplier will enhance national income at a given rate times enhance in gov
characteristics and models of oligopoly by Sweezy,cournot and edgework
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