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How does the GPI adjust for increasing U.S. income inequality?
Starting with the category of Personal Consumption Expenditures, the GPI adjusts for enhancing income inequality by separating by a factor that reflects the growth in the Gini ratio since 1968.
what is cardinal utility. Please give an example
use a graphical illustration to describe briefly what the influence of each of the following be on the market supply of labour,(a) an increase in immigrants, (b) a reduction in wag
CES production function and its derivation
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Indifference curve definition
Estimating Labour Productivity by Economic Sector for Target Year and its Change between Base and Target Year Contribution of each sector to GDP is known. The contribution of
3. Which of the following would not be an expansionary fiscal policy? a.Increased welfare payments to the poor b.Decreases in federal taxes on corporations c.A balanced budget d.I
merits and demerits of international trade
Money market: The money market is a market of short-term loans. It consists of financial institutions having surplus fund to lend on short-term basis, and those wishing to bor
a) Examine at least three (3) possible areas for the industry that could lead to transaction costs, and describe each in detail. b) Speculate about the behaviour that could
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