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What is the theory of second best? Prove the theorem with the help of a diagram
why slopes of is and lm curves affect effectivness of fiscal and mnetary policy?
Return on Equity: It's a measure of business profitability equal to net after-tax income divided by average level of shareholders' equity in the business. Sales Tax: A tax im
1. Cost minimizing firms must be profit maximizing as well. False, why??
Explain the monopolistic competition model of equilibrium with price competition under chamberlin s model
Explain how a country can peg (fix) its currency to another currency. Explanation of a pegged/fixed currency should centre on how the central bank uses the currency market mech
Aspects to promote administrative reforms: Following aspects to promote administrative reforms: 1) A closer focus on results in terms of efficiency and effectiveness, and
In a competitive market, the market demand is Qd = 150 - 5P and the market supply is Qs = 5P - 10. As a result of a price ceiling imposed at $14, the new consumer surplus and produ
Discount Rate The term discount rate relates to business valuations. It is the rate applied to a future torrent of making an income or cash flow to measure its represen
how is monopoly different from opligopoly
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