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Tariff: A tariff is a tax imposed on the purchase of imports. It is generally imposed in order to stimulate more domestic production of the product in question (rather than meeting
Law of conservation of mass was proposed by Lavoisier & verified by Landolt. According to Law of conservation of mass law Matter is neither created nor destroyed in the course of c
Problem 1: i) How might unemployment arise? ii) Critically explain how fiscal policy can be used to reduce the unemployment rate in an economy. iii) ‘'Inflation always
what is le''chatliers principle?
using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
what is market economy and how it solve the central problem
Which assumption of Classic OLS does this model violate?
Implications for the Role of Economic Theory : Like the schedule for the marginal efficiency of capital, expectations about the future market rate of interest underlie the li
If the quantity demanded of Pepsi Cola goes up, and its supply enhances what will occur in the market for Pepsi?
define economics in plural sense. .
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