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Explain about the specification of economics environments. Specification of Economic Environments: The primary step for studying an economic issue is to identify the econom
What are the properties of compensared demand function
who propounded the pure international theory of trade?
What is the theory of Second Best? Prove the theorem with the help of a diagram.
Monopoly: Monopoly is a market structure in which there is a single firm producing a commodity or providing a service that has no close substitutes. As the sole supplier to it
Name the five types of capital. The five types of capital are: natural capital, manufactured capital, human capital, social capital and financial capital.
The Money Creation Process is explained below: We can now study the money supply or the creation process. Suppose the government wishes to buy pencils worth Rs. 10 for the offi
Why in 1996 did the BEA switch to calculate real GDP using the "chained-dollar method" from the "constant-dollar method"? The BEA made the switch from the constant-dollar metho
More details on mixed bundling
explanation of sources of finance to business enterprises in Nigeria
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