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Direction of Trade: It is indicative of the structure and level of economic development. As a country develops and its trade gets diversified, it has to seek new outlets for i
In year one, suppose the federal government has no national debt and spends $100 billion, while raising only $50 billion in taxes. The U.S. Treasury will issue $ billion of governm
#question. what is the underlying reason for the law of increasing opportunity cost?
What are the causes of emergence of monopoly?
Market equilibrium happens where supply equals demand (supply curve intersects demand curve). An equilibrium implies that there is no force that will cause further changes in pri
what is the definition of economic system?
What are the parts of valuable economics paper? The consequence of economics research is an economic conclusion. Usually a valuable economics paper comprises three parts: a.
identify which curve (demand or supply) will be affected?
explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
herberler theory of opportunity cost
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