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Discuss the costs and benefits of establishing a common currency.
So, there is a convergence issue in setting up the common currency - and there will also be a convergence problem in maintaining it - commonly known as the asymmetry problem. There are also the economic and political costs of giving up domestic policy freedoms. In spite of this, there are numerous advantages in having a single currency for an area which is economically integrated.
The law of supply is that producers will supply more the higher the price of the commodity. The supply curve is an upward sloping function showing a direct relationship among pric
WTO Agreements: The WTO administers 29 agreements; these cover different areas like trade in goods and services, investment measures, intellectual property rights, etc. Some o
maximum profits will occur at the output level
le..what was 6th financial planning of india?
Total cost curve (TC) is obtained by adding up vertically total fixed cost and total variable cost curves because the total cost is sum of total fixed cost and total variable cost
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An ole firm can use its own data of past years regarding its sales in past years. These data are known as time series of sales. A firm can predict sales of its product by fitting t
what is direct utility in micro economics?
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