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Some scholarly papers have shown that growth from trade in developing nations can make the country worse. Can this happen? If so, describe the conditions required for this situation to occur. You will be rated within 24 hours. Thank you.
using a graph of the classical labour market,illustrate the effects of a real wage existing in the market that is lower than the equilibrium real wage.What will eventually happen i
a good is classified as inferior if a. consumers buy less when the price rises b. consumers buy less when the income rises c. consumers buy less when the price falls d.
If the indifference curves are straight lines with slope s, and the budget constraint is given by: x*p1+y*p2 = m, then describe the optimal choice of the consumer.
Definition of Exchange rate The exchange rate is stated as the price of one unit of currency in terms of other currency. If one euro costs 1.5 USD then 1 USD costs 1/1.5 = 0.66
what are the two precautions required while estimating national income by value added method?
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
how to relate macro economics theories with current indian economy
A radiology firm charges $2,000 per exam. Uninsured patients are expected to pay list price. How much do they pay?
comparison between neoclassical factor endowment theory of international trade and classical labor cost theory of comparative advantage
We define marginal product of labor, MP L as the derivative of f with respect to the L - which is, as (approximately) how much Y will increase when L increases by one unit. We als
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