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Money market, labour market, goods market
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
why diminish MRS?
what the third degree price discrimination with case study of two successfull and unsuccessfull cases?
What is Nancy’s lifetime income as a function of her level of schooling, S? 2. What is Nancy’s lifetime income if she gets no schooling? What is it if she goes to school for all 60
(i) When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3. (ii) Given the demand function 0.1Q - 10 +0.2P + 0.02P2 =0, calculate the price elasticity of
when the demand function is 2q-24+3p=0,find marginal revenue when q=3
a. Generally, there will be a difference between the CV and the EV. Why? b. The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it
Explain how a floating exchange rate works and the variables which affect the rate. Define a floating exchange rate as the price of a currency (in terms of another or basket of
what is disposable income and its importance.
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