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The price level is the monetary value of a good or service.
Suppose that a paper mill "feeds " a downstream box mill. For the downstream mill, the marginal profitability of producing boxes declines with volume. For example, the first unit o
WHY IS INTERNATIONAL TRADE IMPORTANT IN SOUTH AFRICA
a good is classified as inferior if a. consumers buy less when the price rises b. consumers buy less when the income rises c. consumers buy less when the price falls d.
mang ki aye loach
explain how national income is determined under the following economies; 1.frugal economy 2.governed economy
y=c+c1(y-t0-t1y,r)+i+g
what is real and norminal interest rates?
The benefits of capitalism are that the governments have limited control over other business, which lets business compete.
how is credit creation by commercial bank
using a graph of the classical labour market illustrste the effects of real wage existing in the market lower than the equilibrium real wage
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