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Q. What is International Monetary Fund?
International Monetary Fund: An international financial institution established after World War II with the goal of stabilizing and regulating financial relationships among countries, and making sure free flow of finance around the world economy. Based in Washington, D.C., it's governed by a system that grants disproportionate influence to the wealthier economies (based on their contribution to Fund's operating resources).
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
AS STUDENT OF ECONOMICS ELABORATE ON THE KALDOR-HISCKS COMPENSATION
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Define Nash equilibrium
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Suppose that two anti-marijuana proposals are currently being debated in Congress. Proposal I will reduce the supply of marijuana and cause its price to rise by 7%. Proposal II wil
Q. What do you meant by Investment? Investment: Investment represents production which isn't consumed though rather is utilized in the production of other additional output. In
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Explain the axioms of completeness, transitivity and non-satiation using appropriate examples.
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