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What factors find out the price elasticity of demand?
Factors which determine the price elasticity of demand are:
a. Whether close substitutes are accessible
b. Whether the Good Is a essential or a Luxury
c. Time and space
Overnight target rates and inflation One of the main targets of every central bank is a low and stable inflation. It's main control variable is the overnight interest rate targ
#question.distinguish between economic growth and economic development.
Malaysia’s Bank Negara has cut the country’s economic growth forecast to between 4 and 5 percent for 2012, weighed down by Europe’s economic woes. Discuss ONE (1) demand-management
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what cause balance of payment curve to shift
Q. Explain about Interest rate? When you borrow money, you normally have to pay a fee for the loan. This fee is frequently known as interest, especially if the fee is proportio
You are given the following information about an economy: Gross Investment = 40 Govt. purchases of goods & service =
The LM curve with inflation We know that LM curve will shift upwards when P increases (presuming MS is constant). This is still true though we can also add that LM curve glid
Why might a perfectly competitive market firm be willing to run at a loss in the short run? The assumptions of a PCM firm should be outlined in order to end that the PCM firm i
please,how do i relate keynesian theories on fiscal policy to the topic"impact of oil revenue on agricultural productivity?
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