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What is the difference between GDP and GNP? Gross domestic product (GDP) is the value of the total final output formed inside a country, during a given year. GDP, like all mea
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
what is the theory of supply
Partial Input Elasticity of Output: This is a short-run concept which deals with the variability of only one factor keeping the others constant. There are three kinds of retu
using the basic Keynesian model answewr the following parts carefully using the relevant diagrams. what happens to the equilibrium level of GDP(Y) given the following: a) a reducti
the existance of a labor marketcharacterised by perfect competition is a fallacy.discuss
GOVERNMENT FINANCE: UNION AND STATES: The fiscal position of the Governments - both Centre and States - has been under stress since the mid-1980s. The stress stems from the i
why slopes of is and lm curves affect effectivness of fiscal and mnetary policy?
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determinants of demand and determinants of supply
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