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What is the meaning of Capital - Gross domestic product
By capital we characteristically mean manufactured goods which are used to produce other goods and services though are not used up in production process (like machines and computers). Sometimes we use the term fixed capital rather than capital to distinguish capital from financial capital, which comprises bank deposits, bonds, stocks and other assets. Fixed capital is sometimes divided into physical capital and immaterial capital like individual capital (talent, knowledge and skills) and social capital.
derive the isoprofit functin
The World Trade Organization is a successor organization to the A.United Nations. B.World Bank. C.International Court of Justice. D. GATT.
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Use the following data on a firm's total cost schedules to calculate its average variable cost, average fixed cost, average total cost, and marginal cost schedules. Output Total
Gross domestic product Definition Perhaps the most significant concept in macroeconomics is Gross Domestic Product (GDP): Gross Domestic Product (GDP) is defined as the
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Use the information below to calculate the numbers instead of "?" marks in the Table. Show and explain all your calculations?
Explain the apparent paradox that saving money is good for the individual but might be bad for the economy. Considering the circular flow diagram how is this relevant to public pol
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