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Describe the role of money in a modern economic system. Does this simplify or complicate matters? Explain.
Micro economics is the study of individual unit of an economy
law of diminishing returns
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Identify the four essential economic activities. The four main economic activities are: a) resource maintenance, b) production, c) distribution, and d) consumpti
what is the theory of second best ? prove the theorem with the help of a diagram ?
WITH reference to incidence taxation,explain with the help diagrams,who bears the incidence of taxation when the demand for a commodity is perfectly inelastic, perfectly elastic an
sylos labini model of limit price
Balance of Payments and Developing Economies: It is well-known in development economics that UDCs invariably start as debtor economies. In the process of development itself, t
why is normal rate of return on capital included in the total cost and what implication does it have
Describe one case that fits the story of Prisoner Dilemma in not more than 10 sentences. It should fit the following features and it should not be any of the examples we already ta
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