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using the ppf model explain the principles of economics of allocative efficiency
is there a graph for says law?
compute: credit multiplier, maximum change in the money supply
Assume that there are only two inputs (labor and natural resources) producing two goods (movies and gasoline) with no improvement in society's technology over time. Further, assume
The Stop decay company sells an electric toothbrush for $25. Its sales have averaged 8,000 units per month over the past year. Recently, its closest competitor, Decay fighter, redu
How can a country maintain equilibrium GDP with foreign trade?
DETERMINATION OF FACTOR PRICES BY SUPPLY AND DEMAND Let us suppose that perfect competition prevails in the goods and the factor markets. In such a situation let us see how th
There are 4 main types of market economies. They are also called as Economic Systems. The four are Free Market, Mixed Market, Traditional and Command Economy
how to make project
In the long-run framework, deficits reduce: A. investment. B. taxes. C. government consumption. D. subsidies.
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