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Assume the banking system contains: Total Reserves $ 80 billion Transactions Deposited $800 billion Cash held by public $1
what is chemical combination
Slutsky's Theorem: Graphical Presentation We prove here that own price effect is the sum of own substitution effect and income effect for a price change, which is known
Surplus: Anysector or agent in economy (business, householdor government) experiences a surplus when its income surpasses its expenditure. Surplus, Economic: For the economy
what is micro economics
If demand goes down what happens to the equilibrium?
in aid of a diagram explain the concept of diminishing returns in production
different btn elesticity of demand and inelasticity of demand
the prevention of major swings in economic activity cn be handled most easily by the financial or government sector?
A farmer produces maize according to the following production function Q m = AK 1/3 L 2/3 Where Q m is output of maize, A = land, K = capital and L = labour Given that
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