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Direct Marketing
This is a marketing tool designed to elicit instant action from the customer through direct contact.
Explain how a floating exchange rate works and the variables which affect the rate. Define a floating exchange rate as the price of a currency (in terms of another or basket of
Theory of revenue
GIVE EXAMPLES OF EACH OLIGOPOLY MODELS FROM REAL LIFE
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
Q. Explain Nominal GDP? Nominal GDP: Nominal gross domestic product measures total value of all the services and goods produced and traded for money in the formal economy, eval
income generation in a static and dynamic setting
What are expansionary and contractionary effects? Expansionary effect refers to the effect of raising the equilibrium level of national income. For example, an increase in gov
Illustrates the stages of the production of an economic conclusion? The production of an economic conclusion generally goes into three stages as follows: Stage 1: It is no
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
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 examples) (ii
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