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Q. Explain about Social-Democracy?
Social-Democracy:It's a reformist political strategy that aims to win certain improvements in social and economic conditions under capitalism, without challenging underlying precepts of wage labour and production for profit.
Socialism: An economic system in that most wealth is controlled or owned collectively (through other public institutions, state or non-profit organizations) and operation of markets is influenced or managed through regulation and planning.
The demand functions for two related commodities are expressed as follows Q 1 = (12P 2 3/4 ) / (P 1 1/2 ) Q 2 = (24P 1 2 ) / (P 2 3/5 ) Where Q 1 and Q 2 are d
What is the Macroeconomics? Macroeconomics is study about the aggregate behavior of the economy like how the actions of all the individuals and firms within the economy intera
define stagflation
What are the two types of government cash transfer programs in the U.S., used to help households achieve income security? Provide examples of each. The two kinds of government
fig2.3 elaplanition of sales maximisation
What is What is Critical Temperature? Why Critical Temperature is Specified in Equation? Describe critical temperature specification...
what are the pros and cons of monopsony
Revenue and Profit Maximization: Whenever a good is produced, the individual firm which has produced incurs costs which are are referred to as private costs and the society in
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
Explain the link between the rate of interest and inflation. Interest can be explained as the price of money - more expensive money will lead to few loans, higher saving and as
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