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Q. Explain about Real Wages?
Real Wages:Value of wages, adjusted for level of consumer prices. If nominal value of wages is growing faster than consumer prices, then real wages are growing and thus real consumption possibilities offered to workers are improving.
an explanation of the meaning of price ceiling
types of market competitions
Society of International Financial Telecommunications: The foreign exchange market operates worldwide, that is, the reach of the foreign exchange market is global. The foreign
Q. Define Economies of Scale? Economies of Scale: Most economic production requires producing firm or organization to make an initial investment (in real capital, in design and
Labor cannot be divided from the human being who provides it. The result of the inseparability of labor from the people who gives it, is that the wage for the last hour worked mus
using necessary and sufficient conditions explain consumer equilibrium diagrammatically as well as mathematically
Patricia nominal annual income
introduction of production
Is the natural rate of unemployment includes frictional, structural & seasonal unemployment? The natural rate of unemployment contains frictional, structural & seasonal unempl
functions of taxes
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