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National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
Explain inflation, and the difference between anticipated and unanticipated inflation. Answer Inflation is the persistent rise in the general price level in the e
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how to write an half equation
Q. Explain General Equilibrium? General Equilibrium: Neoclassical economics presumes that production, employment, investment and income distribution are all determined by a con
resonance effect
Households: The fundamental unit of individual economic behaviour. Households offer labour supply to labour market, make consumer purchases,earn income (from employment and other s
meaning of opportunity cost under theory of cost
Public Expenditure Trends: The expenditure pattern of the Government sector has been generally guided by the concern about the role of the State in the economy, both as invest
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
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