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economic issues
Q. Define the Labor Market? A significant macroeconomic variable is the total amount of labor which is used in a certain time period. Amount of labor and amount of capital are
Aggregate supply Remember that labor demand provides us profit-maximizing quantity of L for a given real wage. If W/P is given (as it's in cross model), we can find profit-maxi
when supply of money increase what happen r,y.I.c
Have the micro-finance institutions failed in their objectives?
What are the requirements for something to be considered money? Why does the dollar have value?
Consider a market where supply and demand are given by QXS = -18 + PX and QXd = 90 - 2PX. Suppose the government imposes a price floor of $41, and agrees to purchase any and all un
Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
Which economic system is the best solution to handling a crisis of epic proportion?
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
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