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If 5000 units are sold and income increases by 20% with an income elastiticy of +2, what will the number of sales units be after the increase
Can growth arise without development? Growth is just one feature of development and therefore is an essential but not enough condition for economic development. For example, g
equilibrium real wage
money demand = 3500 - 250i what is the interest rate present if the money market is in equilibrium
If population growth is greater than the growth of real output, A. real per capita Gross Domestic Product (GDP) growth will be less than the growth of real Gross Domestic Product
I would like to know one of the external determinants in Spain''s recovery, please?
Individual A has UA(XA,YA)=lnXA+2YA and has $500. PX=5 and PY =10. (a) Find the optimum. Show that it is indeed the maximum. (b) PX=10. Find the new optimum. (c) Calculate
Who is considered unemployed?
Q. Show the Changes in the exchange rate? Assume that United States is our home country and the current euro exchange rate in direct notation is SD = 1.5 (euro/USD). In indirec
factor for long run trend of term of trade
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