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Poverty: A state of having inadequate income or other resources to support a household (or group of households) at a basic standard of living. Poverty can be measured in absoluterrelative terms.
Poverty Rate: Proportion of households or individuals in a jurisdiction which are stated as poor, according to either absoluterrelative definitions of poverty.
economic problems are faced by all types of economies but they are dealt with differently in different types of economies.discuss
Development plan: A Development Plan is a document which contains a policy framework and programme of development for a time period for a country. It sets out the general meas
Indifference curve definition
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Exercise on Demand, supply and market equilibrium Given the following determinants of demand and supply, briefly explain, using appropriate diagram, the nature of relationships be
Change in consumer income: A change in consumer income may bring about a change in the quantity demanded of a good or service. However, the direction of change in quantity deman
Define and explain the following economic terms: Economics, Microeconomics & Macroeconomics Positive vs. Normative Economics Law of Diminishing Marginal Utility Opport
I can''t figure out how to graph the aggregate consumption function and the aggregate saving function
law of diminishing marginal utility its assumptions, limitation, and its practical importance
discuss the implications of various market structure for price determination
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