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What are the main causes of unemployment? Two main paths are available; demand-deficient unemployment and real wage unemployment. After explaining unemployment (percentage o
How does a
The marginal rate of substitution (MRS) quantifies the quantity of one good a consumer will sacrifice to get more of the other good. – It is calculated by the slope of the indif
how to look a graph in different kind of ppc in the graph when we see
(i) How do we measure economic growth and why do we need economic growth? (ii) What can governments do to stimulate economic growth and create jobs? (provide some current exampl
explain the traditional theory of cost with suitable diagrams.explain why LAC curve is not U shaped?
determination of interests rates in classical system
Elasticity of Price Expectations (epe)
Relatiön between TC ,TFC and TVC
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