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Good X is produced in a competitive market using input A. Explain what would happen to the supply of good X in each of the following situations. The price of input A decreases.
Knowing that a neoclassical, capitalist economy depends on continuous economic growth (by making its production, distribution, and consumption more efficient), what might a savvy p
Why is GNP C+ I + G + (X- M)+ NR + NP. What is relationship between X - M and NR + NP
what is the relevance of the lewis model
With the aid of a diagram explain the Philip''s curve
HOW TO GET THE REVENUES AND EXPENDITURES AS A PERCENT OF GDP?
How do countries grow Economic growth? Economic growth is attaining by increasing: • Quantity of resources by investment • Quality of resources by training as well as R
What is Trade liberalisation Trade liberalisation is the removal of barriers to trade. This has mainly taken the form of restrictions created by national governments like quot
GDP vs GNP in kenya
The price of gasoline has recently come down as has the quantity. Show graphically and explain what might have caused this.
It refers to the study of feasibility of a project in terms of its total economic cost and total economic advantages. It means to compare total cost with total advantage if we
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