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Different approaches to measure aggregate output
WHAT IT MEAN
What is the difference between 'quantity supplied' and 'supply'? There is a distinction among supply and quantity supplied. Supply explains the behavior of sellers at every pr
Determine the Economic functions of money There are three functions of economics of money - A medium of exchange. - A unit of account - Store of value.
#types of economic systems
Q. Explain the classical growth theory? Production function won't provide us with a theory or explanation of growth. It's only a convenient tool that helps us breaking down gro
discuss the action the procurement function should take to achieve raw materials at economic cost durin inflation
WHO IS JOHN MANYARD KEYNES
Liberalisation and Changing Sources of FDI: European countries had been major sources of FDI inflows to India until 1990. However, their relative importance declined in the
A firm's current profits are $1,300,000. These profits are expected to grow indefinitely at a constant annual rate of 3 percent. If the firm's opportunity cost of funds is 6 percen
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