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Explain modern theory of rent eith diagrams and defination
what is the relationship betwen growth and poverty? either it is positive or negative?
Norms influence behavior conformity among group members. What factors will influence group members to conform to a group's norms, and when will members remain independent? Do indiv
Index number formulas
Concept of Preference, Utility Function: Concept of Preference, Utility Function and Indifference Curve Consumer preference ('R') specified by the above axioms can be represe
GDP vs GNP in kenya
What would happen to the US market of new homes, if Bank of America raises interest rates, from 1% to 3%?
P and Y are both endogenous variables and according to the quantity theory of money we need P.Y = constant. If we divide both sides by P we get Y = constant / P. Because Y = Y D i
Explain about economic cycle The economic cycle is a period of approximately 6 or 7 years in which the economy completes a cycle of downturn, recovery, recession, and boom. A p
subjective questions on national income determination
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