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How to solve general equilibrium in pure exchange economy with 2 consumer and 3 commodities
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How many half-lives are required for the concentration of reactant to decrease to 1.56% of its original value?
What is "high-powered money"? The "high-powered money" is the similar as monetary base, which is defined, at the minimum, as the sum of the currency in circulation (banknotes
Question: Product differentiation and entry/exit Two differentiated goods, apples and oranges, are located at the two extremes of a linear product space (a segment of length 1)
Working of IFC: The IBRD loans are available only to member-country governments or with the guarantee of member-country governments. Further, IBRD can only make a loan but it
What are the three major types of unemployment? a) Frictional b) Structural and c) Cyclical unemployment. Cyclical unemployment is broadly spread by an economy durin
determination of rent
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What is the theory of Second Best? Prove the theorem with the help of a diagram.
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