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Explain production as an income generating activity.
What are the principal difference among government purchases of goods & service and transfer payments?
Why are interest payments by the government considered part of personal income but not part of national income?
If population growth carry on then there will not be sufficient resources around for everyone this will lead to an event such as famine / war, which will decrease the population.
To determine of the wealth is earned by nations by economic activates all around the globe. Gross National Income comprises the total value of goods and services formed within a
Explain the difference between productive and allocative ( economic ) efficiency. Explanation of productive efficiency, e.g. output at AC minimum Define to the effect th
Firms in the circular flow We divide all firms into 3 categories: F R comprises all firms which acquire raw material (farm products, iron ore and so on), F H all those that p
Q. Explain the labor market in the cross model? In cross model, both P and W are exogenous andconstant. Hence real wage is constant and it is not essentially equal to the equil
#question.WHAT IS GDP AND DIFFERENT PRICE LEVEL IN SHORT RUN?.
determinants of money supply
Are there any current subsidy or welfare issues that are being discussed or addressed in parliament or in municipalities
What would happen to the US market of new homes, if Bank of America raises interest rates, from 1% to 3%?
What causes economic growth? Causes of economic growth: Into the Solow model, economic growth is based onto the quantity and quality of technology and resources. Growth
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