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factors affecting national income
Q. What do you mean by multiplier effect? Loans and deposits in banks give rise to a significant multiplier effect. We use a simple instance to explain this effect. Consider th
Perfect Competition. a. What does it mean for a market to be perfectly competitive? What are the three conditions of perfect competition. What does it mean for firms to be 'p
critically analyse the ways at which the government of zimbzbwe has put in place to address unequal employment opportunities between men and women
it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run
Discuss how income flows in governed economy, frugal economy, spend their economy.
With the aid of a diagram explain the Philip''s curve
Which of the following equations is FALSE for perfectly competitive firms? A. Total cost = fixed cost + variable cost B. Marginal cost = change in total cost / change in quantity o
assumptions of opportunity cost
The Price ceiling is the law that sets a maximum price below the equilibrium market price, but a price floor is the law that sets a maximum price above the market equilibrium price
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