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economic problems are faced by all types of economies but they are dealt with differently in different types of economies.discuss
what are the forecasting techniques
What happens when oil eventually runs out?? can''t we just pay doctors and nurses more money?? The unemployed should get off their backsides and get a job??
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
Risk Aversion and Income - Variability in potential payoffs increases risk premium. - Example: A job has a .5% probability of paying $40,000 (utility of 20) and a 5 p
Assume that in the market there exist two types of workers where the principle cannot distinguish types. The two types only differ with respect to the disutility of effort. The dis
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
Functions and Resources of the Bank The main functions of the Bank are as follows: • to assist in reconstruction and development of the territories of it member-governmen
would a rational producer be concerned with the average or marginal product of an input in dec
What is demographic transition In the world today not all nations have gone through their demographic transitions. Many countries today aren't rich enough to have begun populat
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