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Money market: The money market is a market of short-term loans. It consists of financial institutions having surplus fund to lend on short-term basis, and those wishing to bor
concept of supply
What is main difference between nominal money supply and real money supply? Real money supply is the supply of real money in the economy. Real money is supplied considering th
A trust is build to acquire shares in organizations for subsequent allocation to employees over time by time.
The sole producer of the anti-diarrhea drug STOP supplies two retail pharmacies in an isolated village. The two pharmacies compete à la Cournot in a market characterized by an inve
what is the relevance of microeconomic analysis in contemporary Nigerian economy
what do you understand by linear break-even point? in what way is it useful in managerial economics? what are the assumptions underlying the analysis?
explaination of quasi rent theory
Dynamic model
(a) Describe clearly how the interest rate is determined in: (i) Loanable Funds Framework; and (ii) Liquidity Preference Framework. (b) According to Liquidity preference
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