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Purchasing Power Parity (PPP): The exchange rate is determined by the relative purchasing power of currency withineach country. For example, if a product X costs Rs. 100 in I
Will Governments Follow Good Policies? That governments can assist in development and growth doesn't mean that governments will. The broad experience of growth in developing ec
In John Stossel's article, "In Praise of Price Gouging", Stossel argues that a law banning price gouging would result in a two-block line for gasoline after Superstorm Sandy. a.
Discretionary Fiscal Policy: Some government taxing and spending programs can be adjusted by government in response to changing economic circumstances. These discretionary measures
factor afecting the demand for durable product
explain slutsky theorm with graphical representation
give assumption, rules/formulas and demonstrate that ramsey prices are the seconnd best pricing. explain clearly.
what is the homogeinity of demand function wrt prices and income
how the increase in price will affect consumer''s ability to maximise satisfaction?
explain how macro and micro issues may be represented using production possibility curve
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