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Real Rigidities in the Labour Market New Keynesian theories of the labour market help in explaining the existence of involuntary unemployment. The theories also attempt to
Equilibrium National Income in a Frugal Economy Saving and investment are examples of two categories of expenditure called withdrawals and injections. A WITHDRAWAL is any inc
State the difficulties in the measurement of profit.
"Inflation is not possible under the gold standard." Is this declaration true, false, or uncertain? Describe your answer
Q. What is Technical Economies? The significant technical economies result from the use of specialised capital equipment that comes into effect only when output is produced on
Determine the Giffen goods - law of demand An exception to this law is the distinctive case of Giffen goods named after Sir Robert Giffen (1837-1910). 'Giffen goods' doesn't re
b) Discuss the validity in Zimbabwe of the grounds on which the profit maximising model of the firm has been defended.
Give short answer of following (a) Economics as a science. (b) Engineering Economics. (c) Economic Problem. (d) Meaning and characteristics of utility. (e)
why firms under oligopoly market should follow price rigidity?
what is the full concept of discounting principles of managerial economics ?
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