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1. What are the uses of elasticity to the public sector and private sector? (20 marks)
discuss how economic theory of marginal utility explains the optimum pattern of consumption for an individual consumer
Dynamic model
Problem: i) Differentiate between economic development and economic growth. ii) Describe carefully how, using the expenditure approach, national income is calculated. ii
derivation of demand funcation using indifferance curv ordelreay and competed demand curv
1. Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from t
what is Scitovsky Contour ?
what is the combined total demand schedule for Delgian cocoa beans that European and USA consumers buy
Consider two hypothetical nations, Solowia and Growia, which are defeated in wars. These two nations were suffered from wars differently; the damage is on capital stock in Solowia,
Two consumers John and grayson like to transfer songs to their phones from jose phone the table represents their willingness to pay and jose willingness to accept for each download
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