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Q. Calculate the effects of the fall in the relative price of good 2 on the income of the specific factors capital and land.
Answer: For the reason that good 2 uses land, a fall in its comparative price will result in a fall in rental rates on land, and an enhance in the return to capital.
Can you brief this concept for me?
curve
#question Foreign Exchange Market ASSIGNMENT..
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International monetary system
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derive the eqilibrium equation for the trade balance
Question 1: The main challenge facing governments in the 21st century revolves around containing and/or downsizing of public spending. Explain why reduced government interventi
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