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MRP Technique- Sectoral Distribution of Targeted Increase in GDP
There are two ways of increasing the GDP:
(i) Project and accomplish the growth in various sectors through linear increases, and
(ii) Modernise or diversify the economy effecting structural changes therein.
In a given year, the contribution of each sector of the economy to the total GDP and the same as a proportion to the total is known. Keeping in view the proposed policy interventions the contribution and share of each sector can be determined.
I don''t really understand how scitovsky contour is formed.
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Perfect competition and monopoly are rarely found in the real world and thus they do not represent, for the most part, the actual market situations. Therefore, the conclusions whic
What is the mathematical definition of price elasticity of demand The price elasticity of demand is the percentage alters in quantity demanded divided by the percentage change
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