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NEER Vs REER: In a situation where there are multiple trade partners, the effect of cross-currency movements are judged by nominal effective exchange rate (NEER) and real effe
limitation of kaldor hicks in compensation test and welfare criteria
define real and nominal wages
Figure 3.7 in the above textbook. Using the figure in guide, determine the approximate size of the market surplus or shortage that would exist at a glance of a) $40 b) $20
economic problems are faced by all types of economies but they are dealt with differently in different types of economies.discuss
Using a graph of the compensated and uncompensated demand curves, show how the magnitudes of the CV, EV, and ?CS will be related to each other when there is a ceteris paribus incr
Unemployment Rate A measure of labor force utilization the unemployment rate is equal to the number of people which is unemployed as a percentage of the total labor force.
different types of production funtion and curve given by different economist
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explain the relationship between scarcity,choice and opportunity cost
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