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Briefly explain the main macroeconomic objectives of governments. Definition of macroeconomic issues Growth a) Enhance in national income per unit of time, a
What is studying platform? Explain this term in brief. Studying Platform: A studying platform into modern economics comprises some basic economic principles or theories. Thi
price falls and demand is elstic
Dance fans switches away from Dance music to R&B music AND the price of MP3 players increases
Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
The process of production needs several inputs. These inputs are known as the factors of production. In most cases, firms own some of the factors of production while some have to b
who proposed the law of chemical combinations?
1. Refer to the data in the file "asm2Q1.xls" on the annual number of fatalities (FATALS, y ) from gas and dust explosion in coal mines for the years 1915 to 1978 and the number o
if nominal GDP in 2002 exceeds nominal GDP in 2001, did real output rise?
The drawbacks of a mixed economy actually depend on how "mixed" it is. For instance, if it is mixed more towards a free-market, there is little regulation (some may see this as a g
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