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Determine the population growth rates
Birth control meant that those who didn't wish to have more children can exercise their choice. Parents began to find more satisfaction out of having a few children and paying a great deal of attention to each. Resources of the average household continued to increase however the number of children born fell. The long-run relationship between levels of productivity and population growth rates wasn't--as Malthus thought--a spiral of ever-faster population growth rates as material standards of living increased. In place of population growth rates peaked and began to decline
Mathematical representation - Inflation Unemployment Trade-off : Suppose that firms correctly perceive the state of demand in the economy and the rate of price inflation. The
Causes of inflation: Excessive growth in wages relative to productivity can cause inflationary pressures. This causes aggregate demand to increase relative to aggregate supp
Building up a Stable and Viable Export Production Base: It is necessary to make a deliberate production plan and to earmark a part of production for export even if there is a
Identify path of growth and development to economic maturity.
This is a very common methods of forecasting demand. Under this methods a relationship is established between quantity demanded( dependent variable) and independent variables such
What is consumer surplus? What is its significance and what causes it to change?
Q. What is Tradeable product? Tradeable:A product (a service or good) is tradeable if its purchaser can purchase it far away from the place where it is produced. Most goods (ot
Austrian economics is a brand of neo-classical economics that was established in Vienna during the late 19th century & first half of the 20th century. Austrian economics was strong
Discuss how the opportunity cost principle influence a supplier''s decision to supply labour
critically analysis firm theory of profit maximization?
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