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CRITIQUE OF ECONOMIC REFORMS:
The critique of economic reforms should consider the actual growth rate achieved, its impact on employment and poverty reduction, its impact on labour, its impact on agriculture – the major source of livelihood of over 60 per cent of population, its effect on balance of trade and balance of payments, its effect on accelerating industrial growth by stepping up domestic and foreign investment, in strengthening economic and social infrastructure and last but not the least, in reducing regional disparities between states.
The US government decides to subsidize solar panels. For each unit sold, the government pays $T to the buyer. Using a graph, show how this subsidy affects i) consumer surplus, ii)
bain''s model of limit pricing with diagram
Problem 1: How can a manager of a supermarket maximise total revenue using various concepts of elasticity of demand? Use examples to illustrate. Problem 2: What are the
Discuss whether inflation or deflation is the more serious problem for an economy. Inflation is a consistent general enhance in the price level, whereas deflation is a consiste
1. Definition: AGE-SPECIFIC DEATH RATE is the total number of deaths to residents of a specified age or age group in a specified geographic area (country, state, county, etc.)
Describe stabilisation policies as by the International Monetary Fund (IMF). Define stabilisation policies as basically a list of demands set forward by the IMF to a debtor nat
Indirect Utility Functions: Let qi denotes commodity i and pi is the price of that commodity. Let y denotes money income of the consumer. Suppose vi = pi/y. The budget constra
what is isoquant ?
Problems Using Point Elasticity - We may need to compute price elasticity over portion of demand curve instead of at a single point. - The price and quantity used as base wi
what is ratios GNP? what is use of models in macroeconomics?
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