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Borrowing Facilities If a country's currency is not convertible, it can borrow from countries whose currencies are convertible and use the convertible currencies to make its i
Explain about Pragmatic Managerial economics is pragmatic. In pure micro-economic theory, analysis is performed based on certain exceptions that are far from reality. Though in
show how scarcity and opportunity cost are useful in decisionmaking
"Inflation is not possible under the gold standard." Is this declaration true, false, or uncertain? Describe your answer
Q. Explain about Inventory Economies? Inventory Economies: Role of inventories is to aid the firm in meeting random changes in the output and the input sides of the operations
The production function can have many uses. It can be used to compute least-cost factor combination for a given output or maximum output combination for a given cost. Knowledge of
Compensatory Financing Two other schemes for alleviating the effects of commodity trade instability have been operating for a number of years. These are the IMF's Compensator
THE BALANCING ITEM Since for ever position entry in the current and capital accounts there is a corresponding negative entry in the monetary account, and for every negative en
The gap between theory and practise and the role of managerial economics: We have noted above that application of theories to the process of business decision making contributes a
The following represents the section headers you should consider for your reasoned document. Each section should have (at least) two research citations to support your work :
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