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Write short notes on any three (3) of the following:
(a) National income and the standard of living.
(b) Globalization and its implications for developing countries.
(c) Monetary policy and fiscal policy.
(d) Market failure.
(e) Provision of public goods and merit goods.
factors that affects sthe volume of production in economy
Problem: i) Evaluate the following statement: "The First Theorem of Welfare Economics states that as long as producers and consumers act as perfect competitors and there ar
QUESTION a) Differentiate between returns to factor and returns to scale. b) In the long-run the Average Cost Curve is u-shaped. Discuss c) Whenever a firm is making loss
Explain the statement "during the second quarter of 2010 Irish gross domestic product fell by 1.2%. According to given statement Ireland's gross domestic production fell down i
A. CALCUATE THE OPTIOMAL MONEY GROWTH RATE NEEDED FOR THE FED TO HIT ITS INFLATION TARGET RUN
What is poor governance? In countries along with poor governance: • The rule of law has not working for example civil war and areas run by war lord • Bribery and corrupti
limitations of pareto-optimal conditions as a measurement of welfare
Corporate governance is best described as A code for organisational direction, administration and control.
two political party called hawks show apoint ppf that the hawks might choose and a point the doves might choose
#question.define potential entry.
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