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What should be the decent/appropriate growth rate in any country?
Answer: A growth rate of among 2-3% is considered normal for mature developed countries; for LICs, 5-7% is considered healthy and 7%+ is excellent.
What are the economic implications of income inequality? How can economic theory be helpful to analyze the causes and impact of income inequality? What are the concerns and how can
Productivity:Generally, productivity measures efficiency or effectiveness of productive effort. Productivity can be measured in several different ways. Physical productivity measur
State trading is often associated with canalisation. Canalisation means estaolishment of state monomply in foreign trade. In other words, an item that is canalised can be imported
assignment on consumer equilibrium
Aggregate household indebtedness: This is the purchasing power of the sum of money outstanding that households have borrowed and are currently obligated to repay. If household
explain the cobweb model of equilibrium
1.what is price mechanism? 2.how does price mechanism benefit an echonomy. 3.what are the characteristics of a centrally planned economy?
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
Explain about the perfect competition according to economics theory. The procedure of testing and refining theories is the key to the development of modern economics like a sci
remedies of unemployment
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