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Gross Domestic Product, Deflator: A price index that adjusts the overall value of GDP according to average increase in the prices of all output. GDP deflator equals the ratio of no
Determine the industrial core of world economy The industrial core of world economy saw its level of material productivity and standards of living explode in the 19th and 20th
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
what are jobs of the department of justice and the federal trade commission in business pratices.
The Concept of Efficiency is stated below: To illustrate this concept of the efficiency, it is used to expand the understanding of what is meant by the Pareto-efficient allocat
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ahmed has 500 dolars.asma has 700 dolars.cismaan has 800 dolar
explain how a perfact market responds to changes in consumer demand?
A firm's production function is given by Q = √LK . The price of labour is w and the price of capital is r. a. The price of labour is $5 and the price of capital is $20. What is
can economic laws proved universly
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