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Money market, labour market, goods market
the diagram used to illustrate of abnormal and normal profits
Problem 1: Any development strategy should put people first; indeed, its very effectiveness should be measured in terms of how it impacts the poor. (a) Describe the link bet
How many hours will an individual allocate to leisure if their indifference curves between consumption goods and leisure are concave to the origin? Show in figures and explain in
what is the theory of second best? prove the theorem with the help of a diagram.
pooling in insurance
How economic theory explain optimum pattern of consumption for an individual consumer
A Period of Transition and Improvement: These few years stand out as the golden years for India's BOP. India had a small current account surplus (0.6 per cent of the GDP on an
meaning of economics laws
Analyse the possible effects of speculation on exchange rates. Definition of speculation in currencies as betting on the appreciation/depreciation of a given currency. E
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