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The coordination problem relates us to not only the levels of activities like research and developments (R&D) and investments but also to the behaviour of institutions that charact
three basic economics difference between them and definations
sensors see details and seek detail and precision intuitions see generalities
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QUESTION 1: Assuming that you are a consultant on the ‘Light Rail' project and you are asked to forecast demand for this mode of transport. What are the forecasting techniq
As you know, the principal-agent problem stress the effect of asymmetric information between the principal and the agents on economic outcomes, the equilibrium in a principal-agent
explain the stages and various coordination mechanisms involved in policy processes
The meaning of a market economy is in which the decision and production are prepared. The consumption of goods services are based on voluntary swap in markets.
why-this-behavior-consistent-with-size-maximizing-government
U=4X+G where X is private spending and G is public spending. what is the marginal rate of substitution between public and private
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