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One constraint in our economy is time. As a society, we make choices about the allocation of time between work and other pursuits. In the US, most workers are eligible for overtime
discuss the contention that the existance of a labour market in a perfect competion is a fallacy
Consider an economy that produces only three types of fruit: apples, oranges & bananas. In the base year the production & price data are as follows: Fruit
#types of economic systems
who are cheap money;gainers and losers
Long Run Equilibrium:Graphical Analysis In the long run the natural rate of output is the level of output to which the economy will tend to adjust in the long run. This indicat
MEC vs MEI in detail
distinguish between state and dynamic multiplier and illusrate balanc budget theorm in hindi
Note and explain the identification problem associated with the following statement. "During Bill Clinton's presidency the US economy saw unusually strong economic growth; thus, Mr
casual factors of traditional business cycle and its effects on the sectors of the economy
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