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Unemployment: Individuals who want to be employed, and are actively seeking work, but can't find a job, are considered ‘officially' unemployed. Individuals who aren't working, but not actively looking for work, are considered to be outside of labour force, and thus don't count as ‘officially' unemployed.
Explain about the money metric utility functions. The Money Metric Utility Functions: It is a nice construction including the expenditure function which comes up into a vari
explain the fundamental task of economic system usin tomatoes as an example
national income and what is used to measure it
how the increase in price will affect consumer''s ability to maximise satisfaction?
What are the factors that producers in the society may take into consideration when deciding on the what to produce,how to produce and for whom ?
In his 2009 budget proposal for the U.S., President Obama wrote, "Unfortunately, we are also inheriting the worst economic crisis since the Great Depression which will force us to
explain convergent and divergent system
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
I need to find recent disney cruise stories and what microeconomic theory it is and what they should do. for example renovating a ship why did they and what theory would that be?
What are the steps of the basic analytical framework in Modern Economics? Framework is very significant to master this fundamental analytical framework, particularly, these fiv
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