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Question 1: "Motivation denotes to the degree of readiness of an organism to pursue some designated goal and implies the evaluation of the nature and locus of the forces, inclu
exam notes of national income accounting
By given scenario answer the following questions. 1. What phase of the business cycle is the economy? 2. If inflation increased by 5% during the same period, what was the cha
what is the importance of credit multiplier
Equilibrium and Disequilibrium In physical sciences, equilibrium is a state of balance between opposing forces or actions. The meaning of equilibrium in economic theory is exa
Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
Process to control inflation rate The belief that control of inflation must be the primary economic objective of government can be traced back to neo-liberal revolution that st
Q. What is the basic function of Central banks? A central bank is a public authority which is responsible for monetary policy for a country or a group of countries. Two signifi
Identify and explain the evidence for and against the competitive model. Provide specific examples.
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