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assumption of mariss model
What is Economics Trade Analysis?
Increasing returns to scale and decreasing returns to scale: Increasing returns to scale occur when increases in all inputs by a certain percentage cause a relatively higher p
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
Explain the link between the rate of interest and inflation. Interest can be explained as the price of money - more expensive money will lead to few loans, higher saving and as
1) Investments 1A) What are the two components to total return ? What does expected value measure? What does standard deviation measure? How can each result be
Why might economic growth not be compatible with sustainable development? Define economic growth; enhance in national income during a time period. Explain sustainable developme
Expected Value - The weighted average of payoffs or values resulting from all the possible outcomes. The probabilities of every outcome are used as weights Expected
explain convergent and divergent system
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