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Problem:
(a) Distinguish between fiscal and monetary policy, giving examples where appropriate.
(b) Explain how fiscal and monetary policies might be used by a government during unemployment.
(c) Using hypothetical figures, distinguish between the theories of comparative and absolute advantage.
(d) Describe why a country might impose barriers to trade.
assingnment on production cost
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Evaluate the role of multinational companies in helping developing countries to achieve economic growth/development. Explanation of growth; enhance in GDP per time period Ex
plese give me supply assigement
There are different reasons for state trading. Important reasons are given below. (i) State may directly buy the goods required by the various government departments and agencie
how to find least cost combination of factor inputs given the production
haberlers cost theory
For the purposes of economic analysis, a normal profit contains the cost of the lost opportunity of the next best option allocation of the firms resources. In a purely competitive
market failure
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