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what is ratios GNP? what is use of models in macroeconomics?
Dynamic Changes in Costs: The Learning Curve
DETERMINATION OF EXCHANGE RATES: When we study the determinants of exchange rates, we must distinguish between long run determinants and short run because the determinants in
why the PPC curve slopes downward?
why is the concept of elasticity crucial to the study of economics?
Attitude towards Risk: Let's assume the following: The utility function • has the single argument "wealth" measured in monetary units, • is strictly increasing, and
the existance of a labor marketcharacterised by perfect competition is a fallacy.discuss
It is important to understand the important characteristics of monopolistic competition. The knowledge of these features will enable the students to know how this form of market st
Q. What is Benefits transfer? The process of transferring benefit estimates from past valuation studies to the present study, in order to reduce appraisal costs. The validity
How has the haberler''s theory of opportunity cost been an improvement over the classical theory of trade
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