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Differentiate between inflation and unemployment, Differentiate between inf...
Differentiate between inflation and unemployment. Inflation is an increase in the general price level that results in a decline in the purchasing power of money. In economics,
Explain the roles of economics theory, Explain the roles of economics theor...
Explain the roles of economics theory. Roles of Economic Theory An economic theory has three probable roles: a. This can be used to describe economic behavior and economi
Elasticities of demand, The price of a laptop increases by 20% and there is...
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.
Production function, what are the properties of cob-douglas production func...
what are the properties of cob-douglas production function
Indirect utility, what is the indirect utility/
what is the indirect utility/
Molecular energies, Molecular Energies, Translational, rational and vibrat...
Molecular Energies, Translational, rational and vibration components of the energy of the molecules of a gas can be recognized. A molecule is a collection of atoms held in a pa
Indifference curve, What is indifference curve and its properties?
What is indifference curve and its properties?
Economic model and assumptions, what is economic model and role of assumpti...
what is economic model and role of assumptions in it.
Stagflation, define stagflation
Inflation, how measure the inflation
how measure the inflation
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