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BUREAUCRATIC PROBLEMS: Bureaucratic problems encountered as hurdles in the implementation of economic policies are listed below: • Low levels of efficiency, effectiveness,
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
explain how macro and micro issues may be represented using production possibility curve
what is the second best?prove the theorem with the help of a diagram?
How is the foreign exchange rate determined
Why and how are economists attempting to create more accurate measurements of development? The why part is simply because of the complexities built-in to the concept of develop
if a commodity has limited demand , should economist say that we still have a scarcity ?
Participation Rate:Proportion of working-age individuals who decide to ‘participate' in the labour force, by either being employed or actively seeking work. Precise definition of w
illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation
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