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Q. Explain Function of Central Bank?
Central Bank: A public financial institution, generally established at the national level and controlled by a national government that sets short-term interest rates, lends money to governments and commercial banks and otherwise oversees the operation of credit system. Some central banks also have responsibility for regulating the activities of private banks and other financial institutions.
what do you understand by production posibility curve?
A company a product using labor (L) and raw material (R) with Q = 80L^0.2 R^0.8. If labor costs $20 per hour and raw material $40 per unit, what is the optimal combination (least c
give me three exceptional supply curves
what will cause a firms demand curve to shift: a a change in sellers profit associated with the good or service b change in technology for good cchange in non price variable in dem
A firm has a short-run production function defined by: Q = -. 02L 2 + 8L What is the short run demand curve for labour (L) in terms of the market wage rate (w), if
What do you mean by the utility function? The Utility Function: Sometimes this is easier to work directly along with the preference relation and its connected sets. Althou
derive PCC for complementary goods
what is the second best?prove the theorem with the help of a diagram?
Type of total outlay
Factors that calculate price elasticity of demand: The proportion of Income spent on the Commodity If the price of a good is relatively low such the expenditure on it is a
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