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Globalization: A generalized historical process by which more economic activity occurs across national borders. Forms of globalization include international trade (imports and exports), international financial flows, foreign direct investment and international migration.
Explainbainlimitpricetheory
Research has revealed the following information about the market for Thomas chocolates; the demand schedule can be represented by the equation Qd=850 @20 dollar. The supply schedul
What currency was used in the 1700s? Ans) this is depends on the country. Most currencies, though, were based on gold and silver. In America, in the 13 colonies, tobacco wa
Explain how automatic (fiscal) stabilisers may help to lower fluctuations in the business cycle. Definition of automatic stabilisers as built-in to the system in terms of trans
to what extent does Marginal revenue productivity theory explain wage determination in Zimbabwe
What is affected variable and cause variable? In a graph, one variable is dependant and the other is independent. The dependant variable is known as effect variable and indepe
Absolute advantage is the simplest yardstick of economic performance and it may be simply describe as If one person or a firm or a country may produce more of something with the sa
How many half-lives are required for the concentration of reactant to decrease to 1.56% of its original value?
Using the Wage Rate and Output per Hour as indicated on the table below, calculate the output per dollar wage and unit labor cost. Then decide on the optimal wage rate for this c
How would you convert from moles of iron(III) oxide to moles of carbon monoxide?
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