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Determine the term - Real Income Effects
This linkage between countries takes place through the current account of the balance of payments. It occurs when a change in one country's national income increases its demand for imports from another country. This will stimulate aggregate demand in the overseas country, and alter its level of economic welfare. The size of this spillover effect will depend crucially on the marginal propensity to import.
Exceptions to the doctrine of Privity of contract Further there are a number of exceptions to the privity of contract rule of which the subsequent may be stated: (a) Agenc
Humble, a local high school student, wished to buy a moped. He intended to use it to get to and from school which was 3kms away. He also had a part-time job involving some travelli
QUESTION 1 Section 39 of the Public Procurement Act provides for cancellation of a bidding process in specific circumstances. State those circumstances and the implications of
Rights of Guarantor Against Creditor Consequently the rights of the guarantor are: like (a) Further at any time after that the guaranteed debt such has become due and such prev
Companys Constitution: The constitution of a registered company consists of two documents, namely, the memorandum of association and the articles of association. The contents
Schemes of fraud: Auditors must not be made liable for not tracking out ingenious and carefully laid schemes of fraud whenever there is nothing to arouse their suspicion, and
Explain in detail about the policy co-ordination of each country With no policy coordination each country will attempt to maximise its own welfare, taking the other country's m
QUESTION 1 Why is the United States, which is a leader country in so many areas, so far behind in the provision of social welfare benefits? QUESTION 2 (a) Who uses private
Procedure - Court of Appeal Conversely the practice and the procedure of the Court of Appeal are regulated through Rules of Court made through the Rules Committee constituted
Duties or Obligations of Hirer However these are not provided in the Act although are usually found in such the agreement itself Like: a) Take delivery: whether upon ente
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