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How might governments use buffer stocks to stabilise prices?
Explain/outline a buffer stock scheme in brief as a method for government (in this case) to warehouse (stock) goods for shorter periods of time when the market price tends to go below a desired level - and then releasing quantities from stocks when the market price tends above a set ceiling price.
If the price of that cup of teh-tarik has increased in such an amount,economists may not necessarily conclude that the country is going throungh inflation.why is that so?
why mrts should convex to origin
explain the central problem of economy with production possibility curve?
Yuen, a travelling salesman for snake oil, can produce the stuff at a marginal cost of 1. There are 100 potential customers in Vernon, each of whom has the following demand functio
Describe the poverty cycle and suggest how a developing country can break the cycle. The poverty cycle is explained as the trap developing countries can land in; low incomes →
What are the Policies and Long-Run Growth In many concerns it is decidedly odd that world distribution of output per worker is as unequal as it is. Migration, World trade and f
Conditionality: International financial institutions (such as World Bank andInternational Monetary Fund) usually attach strong conditions to emergency loans they make to developing
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
What is the problem of central economic
What does the IS-LM framework mean? The IS-LM model helps us to understand the two opposing theories. The IS (investment/saving) curve shows equilibrium in product markets. Th
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