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Briefly discuss the components of macroeconomics system with suitable explanation
How did fixed exchange rates and the Golden Standard affect the U.S. economy as well as other countries.
merits and demerits of international trade
Externalities: Many economic activities have collateral effects (at times positive, but more often negative) on other people who aren't directly involved in that activity. Illustra
what is basic economic problem
Average product of a factor is the total output produced per unit of the factor employed thus, Average product = total product / number of units of factor employed If Q stand
a reduction in investment spending would lead to
Change in consumer income: A change in consumer income may bring about a change in the quantity demanded of a good or service. However, the direction of change in quantity deman
what does General Equilibrium in consumption means?
Q. What is International Monetary Fund? International Monetary Fund: An international financial institution established after World War II with the goal of stabilizing and regu
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