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Development: Economic development is the process through that a country's economy expands and improves in both qualitative and quantitative terms. Economic development requires coming together of numerous different processes and conditions: accumulation of real capital; development of education, human capacities and skills; improvements in governance, democracy and stability; and changes in the sectoral make-up of the economy.
Q. What do you mean by Bond? Bond: A financial security that represents promise of its issuer (generally a company or a government) to repay a loan over a specified time period
Long Run Average Cost (or LAC) -Constant Returns to Scale If the input is doubled, the output will double and average cost is constant at all the levels of output.
what is Scitovsky Contour ?
causes for emergency of monopoly
COST-OF-LIVING INDEXES * The CPI is computed each year as the ratio of cost of a typical group of consumer goods and services today in comparison to the cost during a base per
causes of abnormal supply curve
what is indifference curve''s theory and application
#question.explain three neccessary condition to achieve pareto efficiency.
The functions of money include; (1) medium of exchange, (2) store of value, and (3) a calculate of worth. Due to money is acceptable as a form of payment for all commodities,
Effects of weight loss A healthy body is required not only for the sake of health, but also for maintaining the standard frame of a body. A person experiencing the problem of weigh
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