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If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
Q. What do you meant by Relative Poverty? Relative Poverty: A measure of poverty based on an individual or family's relative income compared to overall average level of income
All about matter
Describe stabilisation policies as by the International Monetary Fund (IMF). Define stabilisation policies as basically a list of demands set forward by the IMF to a debtor nat
A firm has a short-run production function defined by: Q = -. 02L 2 + 8L What is the short run demand curve for labour (L) in terms of the market wage rate (w), if
how to write an overall introduction about gdp?
Distinguish between interventionist and market-led strategies of development. Explanation of interventionist strategy; heavy government involvement in the planning of output, p
income=100 price of x=5 price of x2=10 find consumer equilibrium with diagram
A government official announces a new policy. The country wishes to eliminate its trade deficit, but will strongly encourage financial investment from foreign firms. Explain why su
what is the importance of law of supply
unemployment is voluntary, discuss in view of the classical economists and the keynesian
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