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On Valentine's Day, the price of roses increases by more than the price of greeting cards. Why? (Hint: Consider what makes roses and cards different and how that difference might affect supply's responsiveness to price.)
keynsian cross model
If the Bank of England wanted to discourage investment spending and reduce aggregate demand, it could?
Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res
Uses of Balance of payments account: It removes the uncertainty associated with the flexible exchange rate regime and brings stability. It also indirectly imposes some anti inf
a firm has fixed costs of $60 and variable costs as indicated at the bottom of this page. complete the table and check your calculations
using demand and supply curves explain how shortage and surplus are created
Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
Chemical properties of p block elements
Q. What is Debt Burden? Debt Burden:Real economic importance of a debt relies on interest rate that should be paid on debt and on total income of consumer or business which und
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