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Define the macroeconomic stability in market for promoting development. Macroeconomic stability implies that: • Tight fiscal policy that is balanced government budgets and d
how does income flow in a governed economy
Assume the marginal propensity to consume (MPC) is 0.9. Starting from equilibrium, investment demand enhances by 50. How much does equilibrium income enhance? Show the calcul
impact of economic policies on decision of any organisation
What is Monopoly and how does it affect the economic postively and negatively?
In brief, the price of anything is based on comparative benefit. If Adam makes clocks better and cheaper than Bill, all clock production should go to Adam.
What is urbanisation? Urbanisation arises while an increasing proportion of the population live into cities, suburbs or towns. All cities are attractive to potential migrants s
What are the limitations of balanced growth? The limitations of balanced growth: • The strategy of balanced growth is away from the resources of most poor countries; • Go
Ask question different between Marginalism & incrementalism #Minimum 100 words accepted#
What is a bowed out shape? Why does a production possibilities frontier with increasing opportunity costa have a bowed-out shape?
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