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WHAT ARE THE PRACTICAL IMPORTANCE OF INCOME ELASTICITY OF DEMAND?
Depreciation: This signifies the loss of value from an existing stock of real capital (for an individual company or for whole economy), reflecting normal wear-and-tear of machinery
Factors Shifting Demand Curve -
HOW DO YOU ADJUST FISCAL POLICY FOR INTERNAL BALANCE
1)The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Res
how can a consumer get maximum Equlbrim
Define why prices is significant for economy Reason for using different weights is that some prices are more significant than others for economy. Price of gasoline, for instanc
calculate demand function is Q=100-P, where Q is quantity demand and P is price
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
Q. What do you meant by Deficit? Deficit: When a business, government or household spends more in a given period of time than they generate in income, they suffer a deficit. A
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