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In year one, suppose the federal government has no national debt and spends $100 billion, while raising only $50 billion in taxes. The U.S. Treasury will issue $ billion of governm
explain the marginal produtivity theory
What are the "three basic economic questions" that economists often address when examining how much economic output is formed? The three basic questions are: a) what is prod
what are the uses of cross elasticity quantity in demand/
what is price elasticity of demand ? write briefly with explaining it''s type.
uses of time series in indian economy
1. What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities? 2. What are
how can a consumer get maximum Equlbrim
Define the production terminology in short. Production Technology: Production is the procedure of transforming inputs to outputs. Characteristically, inputs consist of labor
How dose PPC help, illustrate the basic economic problem?
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