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what is ratios GNP? what is use of models in macroeconomics?
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en
The Standard Indifference Curve Diagram. The standard model of labour leisure choice does not distinguish between females and males. It is a unisex model. The vertical axis gives
COBWEB MODEL: Concept of dynamic stability: A market equilibrium is said to dynamically stable only when disequilibrium price and quantity move and over time reach to any eq
what are the merits and demerits of deductive inductive methods in economic analysis?
Briefly discuss the components of macroeconomics system with suitable explanation
What are the possible advantages of free trade? Firms a) Specialisation and enhanced use of comparative advantage b) Possibility of advantages of scale c) Spread
diagram of extension and contraction in demand?
define and explain the concept of social efficent production
Elasticity help
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