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TREND AND STRUCTURE OF INCOME:
Each sector of the economy employs natural, human and material resources and contributes to the aggregate flow of goods and services during a given time period which may normally be specified as a year. The aggregate flow of goods and services represents the aggregate income earned by factors of production employed during the year, and is termed as national income or national product. The rate of growth of national income when compared with the rate of growth of population indicates whether the economy is declining, stagnant or developing. It is only when the national income grows at a rate faster than the rate of growth of population that the per capita income depicts a rising trend; the community iits stock of capital and the economy moves on the path of a rising level of activity and productivity. s able to improve its living standards and add to its stock of capital and the economy moves on the path of a rising level of activity and productivity.
Explain the micro and macro economic issues that can be represented on the PPC
derivation of demand curve
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Capital Account: The capital account deals with long and short-term capital movement.These capital movements are referred to as autonomous because they take place for business o
Consider the market for Kitty Litter. Assume this industry is purrfectly competitive and is presently in long-run equilibrium. Suppose people begin to prefer Dogs as pets and Cat
How do you calculate marginal revenue, and monopolistic profit?
Review the following information pertaining to the potato chip industry and answer the questions below in a five to six double spaced page paper (not including title and reference
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
how advertisement affects the sales revenue of a firm ?
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