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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.
What is return on investment? Return on investment is the profit earned by investing in some business or some project, for instance investment in stock exchange. Profit earned
The prevention of major swings in economic activity can be handled most easily by the
types of market competitions
When measuring price levels in the economy (such as when calculating the CPI index), why is a weighted average used? Because we require giving greater emphasis to prices at whi
what is ment by demand
explain nature of microeconomic
Explain the monopolistic competition model of equilibrium with price competition under chamberlin s model
Lovers of classical music persuade Congress to impose a price ceiling of $40 per concert ticket.
when total production fall what,s the status of average product and marginal product
explaination of quasi rent theory
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