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what factors affect the volume of production in an economy
Illustrate the implications of agricultural price instability problem for Less Developed Countries? Implications of agricultural price instability problem for LDCs: a. Agric
to explain in detail how to get five rights in procurement and supply
Can comparative benefit change over time? Comparative benefit is a dynamic concept. A country can obtain or lose comparative advantage overtime when there is a change within r
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.
What is good governance? Governance is fundamentally another word for government and is a necessary precondition for development. It is how governments employ their authority
Why does economic development engage structural change? The process of development needs structural change. Usually economies develop by moving resources through agricultural
Describe the terms inflation, deflation, and inflation rate and price stability. Inflation and Deflation: a. An increasing aggregate price level is called as inflation.
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why does the quantity of salt demanded tend to be unresponsive to change in its price?
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