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What are the costs of economic growth?
Economic growth can result also into:
• Increases within pollution noise and congestion
• Unnecessary depletion of non-renewable resources
• Loss of traditional methods of life in between indigenous minorities
• The advantages of growth between income groups and regions might be uneven leading to a raise into relative poverty. Therefore income inequalities may extend
• The structural change related with economic can be important and fall disproportionately on such least capable to adapt for example, dependents, unemployed and the poor.
Supply of labor, L S (W/P), depends positively on real wages in classical model. It isn't always clear which individuals are included in the labor supply. Labor supply may consist
Who decides what goods services will be produced and sold in the US? Ans) It is mostly the American consumer. The US government also plays a big role in the nation's economy, co
why is international trade important for south Africa
Typical start-up businesses' estimated profit are forecasted as following: State Bad Good Probability 81% 21%
who are cheap money;gainers and losers
Q. Show the example on IS-curve? Figure We can explain this argument with the above figure. 1. Start by identifying R 1 and R 2 in lower graph. 2. Draw aggr
outline two main restrictions by indian government applied to import. Using the data from your case study analyse and explain who would benefit directly and who would lose directly
What is Real GDP To be able to make reasonable comparisons of GDP over time, we must adjust for inflation. For instance, if prices are doubled over 1 year then GDP would doubl
Can you think of examples where the government does not intervene enough when it comes to consumer safety and product information? Examples where too much intervention is the case
Could you please tell me an example and describe example of macroeconomics?
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