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Tax Policy Implementation: Take, e.g., the case of tax policy. It attempted to raise resources by a combination of direct and indirect taxes to finance a large part of increa
STETE THE THEORIES OF DETERMINATION OF RENT
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Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
Real Interest Rate: Interest rate on a loan, adjusted for rate of inflation. Real interest rate represents real burden of an interest payment. Real interest rates should be positiv
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
Which of the following industries do you think are likely to exhibit large economies of scale? Explain why in each case. a. House building b. Electricity generation c. Market ga
Problem 1 : (a) What are the main assumptions behind the macroeconomic theory of New Classical Economists? (b) Describe the Lucas Supply function and explain its policy imp
discuss utility
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