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Determine the productivity level of US
Those who live in relatively poor regions of the world today have higher material living standards than their predecessors who lived in those regions a century ago. However the relative gap regarding the industrial core has grown extravagantly and extraordinarily. In the first half of 19th century the average inhabitant of an average country had perhaps one-half the material standard of living of a citizen of the world's leading industrial edge economy. Today average inhabitant of an average country has just one-sixth the productivity level and material standard of living of the leading edge.
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Why short run average cost curve is ‘U’ shaped
define perspective of managerial economics.
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Critically examine recent developments in demand theoryon #Minimum 100 words accepted#
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why does the quantity of education change in the private universities much more responsive than salt as to changes in price?
1. Consider a world with two assets: a riskless asset paying a zero interest rate, and a risky asset whose return r can take values +10% or –8% with equal probability. An individua
Mixed Economic System and how can this system solve the economic problem, with example?
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