microeconomics, Microeconomics

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characteristics of microeconomics

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How do you define a control in economics, A control in economics means a st...

A control in economics means a steady profit rate that is enhancing. Thus, after one year you could have £1mill profit then the next year £3mill profit etc.

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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

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