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What is capital accumulation?
Capital accumulation simply implies an increase into a country is stock or amount of capital over time. It requires net investment, which is investment over and above which required to replace worn out capital or deprecation.
Further producer goods mean economic growth along with higher output employment and income. The savings ratio(s) is the proportion of income which is saved. A savings ratio of ten percent implies 10pis saved for each pound of income.
What is the difference between real and nominal Gross Domestic Product? National Income consists of a price and a quantity element. When the price level doubled along with simi
Why are economies developed of less developed countries by growing its secondary sector? Economies cannot grow of less developed countries by developing its secondary sector si
how to decentralization aids in citizen mobility
#discuss the theory of costs in relation to business operations.you should identify different types of costs and explain how the supply curve is constructed for an organisation?
Why do all multinational automakers choose to use FDI to enter this industry? What are the drawbacks of using other entry modes such as exporting and licensing?
How is Gross Domestic Product capturing the economic dimension of human well-being? GDP (Gross Domestic Product) only captures the economic dimension of human well-being. All c
What are the requirements of national figure to adjusting? National figures first require adjusting: • For population: Dividing Gross Domestic Product (GDP) by total populat
Most studies of firms’ long run costs have found that average costs decline as firms produce increasingly larger output levels (economies of scale), such as for automobile firms. H
What are the advantages to the project manager in giving regular progress reports to the project team members? People working onto a project as to have an understanding of how
What policies can less developed countries follow to resolve their debt problem? Highly indebted countries can resolve by less developed countries: Seek help by internat
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