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Is low savings a problem?
Countries along with low savings are caught into the vicious circle of poverty: there low savings, implies low investment low productivity therefore low income and low savings.
Higher incomes allow higher savings thus investment, higher output, capital formation or accumulation and income and higher savings and many more.
Explain the elasticity of price expectations?
QUESTION In several countries recently, many people have become unemployed. Analyse the different types of unemployment in an economy. Explain the likely causes and conseque
why do businesses have to sped money (expenditure)in order to succeed?
International oil has been described as the lifeblood of industrial society. A National Security Council paper in 1953 noted that American Based multinational oil companies were in
Define the difference between effort and elapsed time. What is the importance of this difference for project planning purposes? Effort is the whole volume of work included in a
What is Employment and Unemployment? Employment and Unemployment: Employment: It is the number of people working within the economy. Unemployment: It is the nu
describe production function for computers
How does economic theory contributes to managerial decisions?
QUESTION (a) With reference to price elasticity of demand, discuss and illustrate the effects on government revenue of increasing value added tax on goods and services. (b)
Task 1 Your line manager has asked you what you think the accounting department's role is in relation to the organisation. In your group, discuss the main purpose of accounti
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