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The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be
How might one measure differences in living standards between less developed and developed countries? This is a very wide question where any clear and relevant calculate shoul
Consider the market for Kitty Litter. Assume this industry is purrfectly competitive and is presently in long-run equilibrium. Suppose people begin to prefer Dogs as pets and Cat
uses of time series in indian economy
advantages and disadvantages
NEER Vs REER: In a situation where there are multiple trade partners, the effect of cross-currency movements are judged by nominal effective exchange rate (NEER) and real effe
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
illustrate a long-run equilbrium using diagrams for the gold market and for a representative gold mine
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
QUALITY OF EMPLOYMENT : Productivity of Employment In a poor country like India being employed does not by itself necessarily ensure a decent level of living. In 1999-2000 th
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