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The functions of money include; (1) medium of exchange, (2) store of value, and (3) a calculate of worth. Due to money is acceptable as a form of payment for all commodities,
define economics in plural sense. .
What are the most important challenges that economists try to address? (ii) What is the role of government in a market based economy? (iii) Who are the main economic players and w
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
"price is becoming cheaper,yet the demand for car is not rising".does it mean law of demand is not operative?
are most local phone companies natural monopolies?
how distribution is arranged to provide customer service
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
definition of abnormal isoquant and normal isoquant
INTERNATIONAL DEVELOPMENT ASSOCIATION: International Development Association (IDA) is an affiliate of the IBRD. It was established in 1960 to provide "soft loans" to economica
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