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When is the economic theory useless? One misunderstanding is to under-estimate the role of an economic theory. Several people thought an economic theory useless since they thin
concept of supply and the factors that affect the supply
They take deposits which mean borrow money and make loans which means lend money. The interest rate they pay on the deposits is less than the interest rate they charge on their loa
using the indifference curve approach explain why the demand curve slope downwards from left to right...... is there any exceptions?
opportunity cost
How might a “perfect” macro equilibrium be affected by (a) a stock market crash; (b) the death of a president; (c) a recession in Canada; (d) a spike in oil prices?
about the price determination with the held of diagramatic explanation numerical explanation related to the concept
What actions could a government take in order to keep the price above market equilibrium? There are four basic possibilities here; 1) Minimum price; 2) A tax on the good
to what extent are interest rates determined by the economic theory
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