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Special Drawing Rights: The late 1960s witnessed that the growth in world resources did not keep pace with the growth in international trade. The slackness in the growth of re
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
Differentiate the definition of economics as given by Prof. Marshall and Prof.Robbins. Illustrate the concept of production possibility curve .How PPC is helpful to solve econom
How might one assess if a country in experiencing both growth and development? This is a matter of explaining clearly both growth and development; growth is an enhance in GDP (
how to find least cost combination of factor inputs given the production
what is the buying power of one''s income?
Relatiön between TC ,TFC and TVC
If producers expect future prices to enhance, current supply will decline in favor of selling inventories at higher prices later. In other words, supply will reduce (a shift to th
If the quantity demanded of Pepsi Cola goes up, and its supply enhances what will occur in the market for Pepsi?
define cost its types with curves
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