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The Basic assumption which underlay the government of international economy has been that the economies of the world would converge around a capitalist model. The details of such a
How can trade Liberalisation mean eliminating barriers? Trade liberalisation is the removal of trade restrictions for example tariffs, quotas and non-trade barriers is unsynch
Why does a production possibilities frontier with increasing opportunity costs have a bowed-out shape?
Explain about the term underemployment and unemployment rate. Discouraged employees are non-working people who are able of working although are not actively in search of a job.
Is unemployment and underemployment a problem? The cost of unemployment is both: • Economic along with the opportunity cost of lost output raised poverty and inequality
how the concept of elasticity used for decision making
A manufacturing company has determined from an analysis of its accounting and production data for a certain part that : a. Its demand is 9000 units per annum and is uniform
Assess the impact of fiscal and monetory policy on business organisations and their activities
product asssignment on factor of production
using a diagram, evaluate the effect of a decrease in money supply to the equilibrium in the goods and money market
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