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substitution and income effect on inferior good
how does the prices system affect a country
How might an accurate value for the multiplier aid a government in setting fiscal policy? Any given multiplier will enhance national income at a given rate times enhance in gov
advantage dis advantage of pure monopoly
price quantity 10 60 20 70 30 90 40 110 50 130 derived a supply function for the relation between price and quantity
Mixed Economic System and how can this system solve the economic problem, with example?
Monopsony is single buyer of a commodity in the market. The MRP slopes downward in an imperfectly competitive (resource) market serving an not perfectly competitive product mar
if australian governmrnt imposed a sales tax on petrol by $0.25, then the price of petrol will rise by 0.25. consumers can not get by without petrol, so they have to pay the whole
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Assume you see that two macroeconomic variables are correlated with each other. But you want to know if there's an underlying or causal relationship between the two variables. Wo
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