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Is the natural rate of unemployment includes frictional, structural & seasonal unemployment?
The natural rate of unemployment contains frictional, structural & seasonal unemployment. But sometimes we exclude the seasonal unemployment.
Explain why subsidies to domestic firms act as a trade barrier. A trade barrier is broadly explained as any market intervention whereby the ratio of price of exports to price o
If the marginal product of labor is 45 units of output and the marginal products of capital is 56 units of output while the wage rate is $20 per worker and the cost of capital is $
If there is an industry and some of the companies get shut down, how would you graph the short run and long run effects
HOW DO YOU ADJUST FISCAL POLICY FOR INTERNAL BALANCE
The main features of outward-oriented and inward-oriented development strategies. Inward- oriented as focus on reducing domestic reliance on imports by executing high barrier
Question: Product differentiation and entry/exit Two differentiated goods, apples and oranges, are located at the two extremes of a linear product space (a segment of length 1)
Input Substitution When the Input Price Change Isoquants and Isocosts and Production Function The minimum cost combination can be written as: - Minimum cost
to what extent does Marginal revenue productivity theory explain wage determination in Zimbabwe
plot the demand schedule and draw the demand curve for the data given for marijuana in the case above
two or more variable inputs
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