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Discuss the costs and benefits of establishing a common currency.
So, there is a convergence issue in setting up the common currency - and there will also be a convergence problem in maintaining it - commonly known as the asymmetry problem. There are also the economic and political costs of giving up domestic policy freedoms. In spite of this, there are numerous advantages in having a single currency for an area which is economically integrated.
How to use Demand and Supply tools to analyze the case of the Egyptian labor market?
What are the advantages of trade surplus
Consider the following flow (in thousands of people) between the various labour market states in a particular month:
Current Daily Status(CDS): The reference periods (i.e. a year, a week and a day) are basically used to describe the period for which the workers are employed in the economy. T
RATIONAL EXPECTATIONS AND ECONOMIC THEORY : We assumed above that the role of economic theory is not to provide quantitative predictions about the future. Suppose we assume ins
typical assumptions
Discriminatory Fee Structure This method discriminates between courses and the economic condition of the family to which the student belongs. The cost of providing the educati
Partial Input Elasticity of Output: This is a short-run concept which deals with the variability of only one factor keeping the others constant. There are three kinds of retu
I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
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