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QUESTION
(a) Explain the 3 different ways of calculating national income.
(b) Does the National Income figure accurately reflect the living standard of a population? Discuss.
(c) Analyze the different causes of inflation in an economy.
the markert is said to be an invisible hand in the economic system , how
Assume that the per capita income in Alfaland (with initial high per capita income) is growing quicker than it is in Betaland (with initial low per capita income). Then: the gap in
QUESTION (a) What are the main types of unemployment? (b) Mauritius has been facing an alarming rate of unemployment during the last 5 years (i) What reasons could explai
Corporate governance is best described as A code for organisational direction, administration and control.
What is the Third World? Third World: Developing countries are sometimes termed as collectively like the Third World. Such term can cause offence within developing nation
in the banking systems, when clearing checks, the difference between the Federal Reserve''s credits and debits is the
sources of oligopoly
The following data show the interest rates on 4 randomly chosen personal loans (in percents): 6.1, 5.7, 11.1, 9. Calculate the standard deviation of the sample of interest rates. (
about replacement and historical costs
In your own words, describe the meaning of average cost. You normally buy a crate of wine for $75. One crate has 6 bottles of wine. After a month, the store clerk informs you that
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