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how does the effect of inflation affect the spending ability of fixed income earners
Is there a consensus view on the responsibility of government? Highly controversial and depends onto your view like to whether markets work. International agencies as like the
uses of discounting principals
Why do markets work into promoting development? Liberal economists dispute a free market economy works since this gives incentives for self-generating growth. Particularly the
What are the external constraints on government action less developed countries? External Constraints on Government Action LDCs face external factors beyond their control are:
explain why each of the following factors influence the own price elasticity of demand for a comodity 1. Consumer preferences 2. the narrowness of definiton of the commodity
law of demand
What is Baumol''s Sales Revenue
QUESTION 1 (a) Compare and contrast the main theories of a demand for money. (b) Specify a money demand function for a small island economy like Mauritius. QUESTION 2
how the concept of elasticity used for decision making
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