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how to estimate a regression model that tests for higher ability individuals get a greater return from schooling
what is the homogeinity of demand function wrt prices and income
marginal utility is applied on money or not
Why demand curve is always negative and write its effects.
What is meant by minimum wage? The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are examined by the forces of sup
Suppose that investment spending increases by $10 million, shifting up the aggregate expenditure line and increasing GDP from GDP1 to GDP2. If the MPC is 0.9, then what is the chan
Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
discuss whether marginal utility is a realistic piece of economy analysis in a consumer demand
what are the sources of monopoly power
Q. Definition of labour force? Labour Force:Total population of working-age people who are willing and able to work and who thus have ‘entered' labour market. Labour force incl
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