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Define injections and withdrawals.
"The inflows in circular flow of income are known as injections". Investment, government spending and exports are there in injections "The outflows in circular flow of income are known as withdrawals". Savings, imports and taxes are included in withdrawals.
What are the important functions to maximize total surplus? The market equilibrium maximizes total surplus since the market performs four significant functions are as follows:
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en
The Bandwagon Effect - This is desire to be in style, to have a commodity because almost everyone else has it, or to indulge in it. - This is major objective of marketing an
sylos labini model of limit price
what is the value in 10 years of 1 million dollars if interes rates are 4%?
(Granger, 1969, 1988), where it can be addressed in terms of a VAR (vector auto regression) system. If an export platform is important for the country, FDI inflows should result in
Why some country saving less and consumption more?
definition
a) Collect costs, revenue data, or other data from the industry that you deem relevant. Describe how you would modify the data in order to make it relevant to decisions a manager m
Explain the micro and macro economic issues that can be represented on the PPC
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