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The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It originated from countries with highly sophisticated fin
provide 3 examples of 1210 billionares in the world face scarcity
Transactions demand for money: Transactions demand for money represents cash balances held by economic agents in order to carry outordinary everyday transactions.For example,
how do cooperative and noncooperative games differ
what is the buying power of one''s income?
income=100 price of x=5 price of x2=10 find consumer equilibrium with diagram
Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res
concept of supply and the factors that affect the supply
CONSUMER CHOICE INVOLVING RISK: The traditional theory of consumer behaviour does not include an analysis of uncertain situation. Von Neumann and Morgenstern showed that under
discuss the trend and composition of national income and per capital income
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