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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
Efficiency of exchange
meaning of opportunity cost under theory of cost
IMPLEMENTATION OF ECONOMIC POLICIES: Innumerable studies are available to document these failures of policy and planning. However, there are vast differences of opinion conce
Suppose taht two people, Michell andJames each live alone in an isolated region. They each have the same resources available, and they grow potatoes and raise chickens. If Michelle
meaning of average revenue
What have been some justifications given for the historical exclusion of household production from the national accounts? Some reasons have included: a. households are not p
Q. Describe Classical Economics? Classical Economics:Tradition of economics which began with Adam Smith and continued with other theorists including Thomas Malthus, David Ricar
Is it possible to get an expert to check my homework before I submit it?
Briefly discuss the components of macroeconomics system with suitable explanation
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