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What do you mean by Gross Domestic Product?
Gross Domestic Product:
GDP stands for Gross domestic product, measures the value of all concluding goods and services produced into the economy. This does not comprise the value of intermediate goods.
How can an economy achieve mutual gain from International Trade?
Explain the concept of elasticity and describe why the supply of petrol in the short run is relatively inelastic.
explain the structure of the economy and its impact on the gdp of sountry.
Use the following general linear demand relation: Qd = 680 - 9P + 0.006M - 4PR where M is income and PR is the price of a related good, R. If M = $15,000 and PR = $20 and the suppl
What are the Central bank overnight interest rates The overnight interest rate is an important interest rate for a central bank and it has methods of influencing this rate. In
use a numerical example to illustrate how credit multiplier works
What is Treasury bills In most countries you will find many types of government bonds. An important distinction is the duration of the bond, that is, the difference between the
determinants of money supply
GDP vs GNP in kenya
DIFFICULTIES IN MEASURING THE NATIONAL INCOME There are some conceptual and statistical problems in measuring national product. Some items are excluded from the national incom
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