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What are the economic and social costs of high inflation levels?
High inflation will have serious redistribution costs; make distortions to the economy; decrease international competitiveness;
Affect the balance of payments and exchange rate;
Have negative effects on growth.
Bilateral and Multilateral Contracts Bilateral contract is defined as to purchase & sell certain quantities of a commodity at the agreed upon prices may be entered into between the
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STRATEGIES AND POLICIES FOR ADMINISTRATIVE REFORMS: As stated in a United Nation's Publication, following strategies and policies are necessary to bring about administrative i
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Hi, I am taking an economics course. I have a problem where I am given 2 types of units with the same production rate and the labor used to produce those units. I am supposed to c
Draw a Production Possibilities Frontier with consumer goods on the vertical axis and capital goods on the horizontal axis. Show how the PPF will shift if the production of capita
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if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
what makes it differ from other market structures
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