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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 are the uses of elasticity to the private sector
Q. Explain about Real Wages? Real Wages:Value of wages, adjusted for level of consumer prices. If nominal value of wages is growing faster than consumer prices, then real wages
Term Paper: A final paper that focuses on the course content, applied in the setting of your current or past employer, will be due in Module. In this paper you will focus on the fo
using the marginal utility approach, discuss how economic theory explains the optimum pattern of consumption for an individual consumer. consider how far this analysis can explain
Explain about the deadweight loss and elasticitie s. Deadweight Loss and Elasticities The general rule for economic policy is the other things equivalent; you need to choose
having utility function U(x,y)= x1/2=y1/2, determine the hicksian demand function, expenditure function and indirect utility function.
Distinguish demand pull, cost push and imported inflation using graphs where appropriate. What are the likely causes of current inflation in Australia? Answer Co
when total production fall what,s the status of average product and marginal product
factor influencing quantity supplied
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
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