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explain approaches of national income?
What is ‘Third degree Discrimation
Q. Explain the classical growth theory? Production function won't provide us with a theory or explanation of growth. It's only a convenient tool that helps us breaking down gro
what goals and policies are being discused to address the crowding out effect?
How growth are improved living standards The two main benefits of growth are improved living standards and technological advancement. As an economy grows, the output of
What is green GDP and How it is evaluated ?
A small country can import a good at a world price of 10 per unit. The domestic supply curve of the good is S = 20 + 10P The demand curve is D = 400 – 5P In addition, each unit of
What is the opportunity cost of economic growth? Opportunity cost measures the cost of an economic option within terms of the next best option foregone. The government of a
Why do financial crises occur and why are they so damaging to the economy?
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