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Q. Explain Capital Adequacy? Capital Adequacy: Capital adequacy rules are loose regulations which are imposed on private banks, in hope of ensuring that they have adequate inte
Use a PPF to explain the difference between actual and potential growth. The PPF shows possible output, taking into consideration all factors of production - but de facto outpu
is economics a positive science
discuss the central economic problem facing survivor group
the diagram used to illustrate of abnormal and normal profits
What is the difference between change in quantity demanded and change in demand
Suppose that in an economy 100 worker-hours produce 160 units of output in year 1. In years 2 and 3 worker hours are 120 and 130 and units of output are 216 and 260, respectively.
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
For the purposes of economic analysis, a normal profit contains the cost of the lost opportunity of the next best option allocation of the firms resources. In a purely competitive
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