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What is an alternative process strategy to the assembly line that Wheeled Coach currently uses?
What is the difference between real and nominal Gross Domestic Product? National Income consists of a price and a quantity element. When the price level doubled along with simi
What are the disadvantages of informal economy? Disadvantages of the informal sector are as illustrated below: • don’t pay direct taxes; • Can produce important pollutio
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
explain how a price disciminating monopoly increases profits
Assume Mr. Robinson deposits pounds 600 in currency at a bank. Later that day Ms. Volker borrows pounds 1200 from the similar bank. The money supply will have enhanced by pounds 60
Use short notes and illustrations to answer the following questions: i) Distinguish between an indifference curve and an isoquant ii) Distinguish between substitution and inc
Consider the following information in the international money markets: Spot rate : $0.95:€ Forward rate (one year) :
summary
Explain the implications international capital flows problem. Implications: • FDI can assist physical capital accumulation and result within growth - usually beneficial b
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