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Q. Can you explain about Counterfactual? The ‘base case' or counterfactual is a statement of what could have happened without policy intervention, or if the policy intervention
Structural Unemployment: This is unemployment resulting from changes in the pattern of demand for goods and services or changes in technology.These changes may in turn alter
#question.hif indirect utility function is givenhow to derive the demand function .
the prevention of major swings in economic activity cn be handled most easily by the financial or government sector?
edge worth model
#question.what is the periodc clasification?.
What actions could a government take in order to keep the price above market equilibrium? There are four basic possibilities here; 1) Minimum price; 2) A tax on the good
Normal profit: Normal profit is when total revenue is exactly equal to total cost when the latter includes both explicit costs. It is the type of profit when made by firms in
I need help with a question that has been posted on here already.
What is the theory of Second Best? Prove the theorem with the help of a diagram.
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