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what do you understand by demographic window acess by india
Question 1: (a) Describe what is Economic growth and describe its relationship with standard of living? (b) Assuming you are the government economist, what policy measures
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
explain and illustrate the changing demand for big mac using indefference curve and budget line
In an updated GDP that contains household production, how would the purchase of a car or appliance for household use be treated? A car or appliance would be treated as a househ
Explain what the phrase “price rationing” means. Price rationing is the method by which the market system assigns goods and services to consumers while quantity demanded exceeds
Examples
1. Cost minimizing firms must be profit maximizing as well. False, why??
baumol''s theory
Explain the effect of increased money supply on bond prices
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