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What should be the decent/appropriate growth rate in any country? Answer: A growth rate of among 2-3% is considered normal for mature developed countries; for LICs, 5-7% is
Determinants of investments: Expected Rate of Return: Investment spending is guided by the profit motive; thebusiness sector buys capital goods only when it expects such
International trade: International trade refers to the exchange of goods and services between countries. Goods sold to other countries are referred to as exports and goods bou
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
bains limit theory
suppose ismail were to eat five pizzas per week.what is the total value ismail would place on his five weekly pizzas?
The Hypothesis of Rational Expectations : In the General Theory (Keynes, 1936) we noted that the state of expectations was taken as given. There was, in addition, explici
Jane receives utility from days spent travelling on vacation domestically(D) and days
Another school of thought developed what is called loanable funds theory of interest. Among the principle economists who contributed to the development of loanable funds theory men
different btn elesticity of demand and inelasticity of demand
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