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Q. Explain about Employment Rate?
Employment Rate: This measures share of working age adults who are in fact employed in a paying position. Employment rate can be a better indicator of the strength of labour markets than unemployment rate (As the unemployment rate depends on whether or not a non-working individual is considered to be 'in' the labour force).
Explainbainlimitpricetheory
Explain why subsidies to domestic firms act as a trade barrier. A trade barrier is broadly explained as any market intervention whereby the ratio of price of exports to price o
What is the difference between economics and business? Economics is the study of how we, the people, engage ourselves in production, distribution and consumption of goods and
How does the production possibilietes curve relate to present day economics?
STETE THE THEORIES OF DETERMINATION OF RENT
what is microeconomics
Q. What is Joint Stock? Joint Stock: A form of business in which company's assets are jointly divided among a large number of different individual owners, each of whom owns a s
• If Mary uses all her resources to produce hats, she can produce 48 hats an hour. • If she uses all her resources to produce apple pies, she can make 24 apple pies an hour. how
Movements of the demand curve itself, either to the left or right are known as changes in demand. A change in demand is caused by a change in one or more of the nonprice determina
A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many point
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