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What are economic systems?
An economic system is the system of organisations utilized by a society to solve the economic difficulty of what how and for whom to make. There are four types of economic system.
a. Traditional economy
b. Free market economy
c. Planned or command economy and
d. Mixed economy
Describe the terms inflation, deflation, and inflation rate and price stability. Inflation and Deflation: a. An increasing aggregate price level is called as inflation.
The managing director of Christine plc, a company which specialises in acquiring small businesses, has considered the following potential investments. Only one of these investments
What is the t-value associated with 25 degrees of freedom and 20% in the tail? (Please round your answer to 3 decimal places)
There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells
An underwriter guarantees to increase a fixed amount of capital through an initial public offering (IPO).
How can the role of government in development be assessed? Increasingly governments are judged through the outcome of their policies within achieving above average development
What is development process? Development process: Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. Th
Is industrialisation significant in the process of development? Industrialisation is considered as a major driver of LDC development. Industrialisation arises while a predomin
How does resource enhancement improve development? Enhancements in the quantity and quality of resources increases productivity hence incomes. Enhanced management raises outpu
Discuss Morality in international context
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