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Q. Distribution of income? Distribution:Distribution of income reflects the process by which real output of services and goods produced by the economy is allocated to different
in the keynesian model, the price is assumed to be what?
Paradox of Thrift: An individual household, governmentor business may attempt to save money by reducing their current expenditures. Though those attempts to save, once amalgamated
Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
Determinants of Social Demand for Education - Externalities The state has several objectives of which welfare and development of the people are most important. Promotion of cu
If demand goes down what happens to the equilibrium?
what is oxidizing agent
Cost Push or Supply Inflation: It is a situation where the process of increasing price level is caused by increasing costs of production which push up prices. Cost push infla
a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?
Five uses of elasticity on the Public Sector and five uses of elasticity on the Private Sector.
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