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factors that affect the volume of production in economy
how economics useful for businesses
Consider the following information in the international money markets: Spot rate : $0.95:€ Forward rate (one year) :
different types of firms
What are the characteristics of growth in developed countries? Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below: • Gross
What is dual economy and development in an economy? Development in an economy: Differentiated or uneven development arises while the benefits of growth are not shared ev
causes of exceptional supply curve
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
rice donation
Problem 1: (a) Define the concepts of production-oriented capitalist system and market-oriented capitalist systems. (b) With set examples, explain how these firms behave
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