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Q. Show the method of applying a discount?
The method of applying a discount rate to convert future monetary amounts to their equivalent value in today's terms, based on the premise that people prefer to take benefits in the present rather than in the future.
Explain the how the classical school views the role of markets and government intervention in fighting business cycles The classical school believes in the smooth functioning o
Question (a) Describe clearly the three concepts of elasticity of demand. Use appropriate examples and diagrams to support your answer. (b) Consider you have been appointed
How are the limitations of the economics theory affected? Limitation of Economic Theory: While examining the generality of an economic theory, one must realize any assump
The Short Run versus long Run - Short-run: Period of time in which the quantities of one or more production factors cannot be changed. These inputs are called as fi
x-3y+6z=1 2x-5y+10z=0 3x-8y+17z=1
A tax imposed on a market with an inelastic demand and an elastic supply will cause
what is the theory of Second best? Prove the theorem with the help of a diagram.
THEORY OF CUSTOMS UNION: A customs union is an association of two or more countries to encourage trade. The countries making such an arrangement agree to eliminate tariffs and
IN THE LABORATORY OXYGEN IS PRODUCED BY HEATING POTASSIUM CHLORATE ACCORDING TO THE EQUATION 2KCLO3-2KCL+3O2. WHEN 298g OF KCLO3 IS HEATED IT GAVE 181.2g OF OXYGEN. GIVEN THAT 32g
unemployment is voluntary, discuss in view of the classical economists and the keynesian
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