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How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
What does a shift in the demand to the right mean? Why does the demand curve shift?
You have 300 right now. You invest into an account and 12 years later your investment will be 8 times of the initial investment. What the investment rate if a) The bank pays sim
#“Nominal GDP declined between 2008 and 2009, therefore the GDP deflator must also have declined.”
Capitalism is the dominant, most used form of government there is in the globe today. Presently, over 80% of countries use capitalism and a free market economy.
why lm curve upward sloping and is curve downward sloping?
Can democracy survive if a majority of the citizenry pays little or nothing in taxes while benefiting directly from a higher level of government spending? Why or why not?
Explaining balance of payments: First, with the second oil shock of 1979-80 and doubling of India's import bill along with dismal export performance as result of severe
explain the structure of the economy and its impact on the gdp of sountry.
Mathematical Presentation: Consider the utility function U = U(x 1 , x 2 ). Differentiating totally, we get the following: dU = U 1 dx 1 + U 2 dx 2 = 0 (as along the indiffe
c) Explain why perfectly competitive markets lead to an allocatively efficient allocation of resources in the long run
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