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Q. Defien Hyper - Inflation?
Hyper-Inflation:It's a situation of extremely rapid inflation (reaching 100% per year or more), frequently resulting from a condition of political or economic breakdown.
Imports:Services or goods that are produced in a foreign country and purchased domestically. Imports include money spent on purchases or vacations in foreign countries.
is economics a positive science
my q is dat how can we find mathematically dat a production function is concave?
1. State of the art machines at the advanced Yamaha musical instrument plant tune the exact sound of high caliber musical instruments (vs a certain touch, and perhaps a degree of v
Explain about the integrability problem. The Integrability Problem: Provide a system of demand functions x(p, m). Is there essentially a utility function by which such deman
Suppose that demand is downward sloping and supply upward sloping. Subsidies cause dead weight loss despite the fact that: 1)consumer surplus increases. 2)total surplus increases
Question: (a) Assume a firm operates in one location but serves on two distinct markets, namely, 1 and 2. The demand functions are: Market 1: P1 = 40 - 0.3 Q1 Market 2:
Assume that you have a client that is a paper manufacturer and they have expressed concern that the government will pass a new regulation banning the use of chlorine based technolo
what are the values of real money supply and the current price level
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
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