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FACTORS AFFECTING FLEXIBLE EXCHANGE RATE: Shifts in the demand and supply schedules for foreign currency take place on accountof a number of factors. Some of them are enumerat
limitation of kaldor hicks in compensation test and welfare criteria
1) The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph. 2) A) Why would y
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above?
discuss the revealed preference theory of consumer behaviour
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
THEORY OF CONSUMER SURPLUS: We discuss the basic concept of consumer surplus and its derivation. A consumer normally pays less for a commodity than the maximum amount that she
What are the properties of compensared demand function
What is the classical model's explanation for involuntary unemployment? According to the classical model, involuntary unemployment only increases when there is something impedi
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