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Modern economy:
It explored the role of money in every modern economy.The chapter also revealed that it is necessary for the government to ensure consistency between the quantity of money and the amount of goods and services available in the economy in order to promote price stability and rapid economic growth.
if you were making the pricing decision for the gasoline company, would you cut, raise or leae the price unchanged
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
Explain why both the PES and PED tend to be inelastic in the short run for primary goods. PED deals with (primarily) the ability and propensity of consumers to switch to other
Define the Policies of Education Universal education--particularly universal education of girls--pays a two-fold benefit. Investments are more likely to be productive with a be
Illustrate the content in the rational consumer? Content in the rational consumer: a. How to spend income onto goods and services? b. Why maximizing usefulness? c. Wh
what is the theory of supply
Derivation Of Ordinary Demand Function: Suppose, and q 1 = (Q 1 1 , Q 2 1 ,..., Q n 1 )T. Let M0 be the money income and p 0 q 0 = M 0 and p 0 q 0 ≥ p 0 q 1 , where p
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Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema
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