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What are the three major types of unemployment?
a) Frictional
b) Structural and
c) Cyclical unemployment.
Cyclical unemployment is broadly spread by an economy during a downturn.
The marginal rate of substitution (MRS) quantifies the quantity of one good a consumer will sacrifice to get more of the other good. – It is calculated by the slope of the indif
Q1.Define law of demand. Distinguish between individual demand and market demand for Hitachi air conditioners. List the determinants of demand for the same.
What is main difference between nominal money supply and real money supply? Real money supply is the supply of real money in the economy. Real money is supplied considering th
what do we mean by The narrowness of definition of the commodity.
What are the types of demand
explain the relationship between ATC,AVC and MC by using diagram
compare traditional modern and engineering cost curves
You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a perfec
Determinants of reserve price
IMPLICATIONS OF FAILURES OF POLICY IMPLEMENTATION: Given the phenomenon of policy failures, as indicated above, one often comes across the view that places the blame for these
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