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discuss the implications of various market structure for price determination
Explain the Demand Pull Inflation Demand Pull Inflation: Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this w
limitations
keynsian cross model
concept of narrowness in pure economics
1. Explain how the aggregate supply curve for the entire economy can be derived under; i. Classical assumption ii. Keynesian assumption 2. Explain how equilibrium can be a
Consumer Choice * Decision making & Public Policy - Selecting from a non matching and matching grant to fund police expenditures
Cost Sharing in Higher Education - Graduate Tax Another commonly suggested measure is to tax the employers employing educated manpower. The case for this method is made on the
unique product
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
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