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International economic relations also depend, in large calculate, on monetary =issues. You are unlikely to accept the Turkish Lire in payment for your wages in this country, easily because you can't easily use that money to buy anything. You need U.S. dollars in payment for your services, because you can easily spend the dollar. Countries act the similar way you do. There are currencies that virtually each accepts as payment, and those widely accepted currencies are known as hard currency.
What is meant by non Price Competition? In which market structure does it exist? None price competition is an effort put by the supplier to earn extra profit without enhancing
Public Expenditure Trends: The expenditure pattern of the Government sector has been generally guided by the concern about the role of the State in the economy, both as invest
how can we bring in the marginal propensity to consume
if the inverse demand curve is p=120-Q and the marginal cost constant at 10, how does the monopoly a specific tax of 10 per unif affect the monopoly optimum and welfare of consumer
how a firm will choose its optimal inputs, isocosts and isoquants explanation
Measuring Cost: Which Costs Matter? Accounting Cost versus Economic Cost - Accounting Cost Actual expenses and adding the depreciation charges for the capital equip
What is inflation gap
What is International Trade Economics, Explain study area of international trade economics.
income generation in a static and dynamic setting
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