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What are the main aspects of globalisation Two of the other main aspects of globalisation are greater international mobility of capital and to some extent of labour. Globalisa
Suppose the own price elasticity of demand for good X is -5, its income elasticity is 2, its advertising elasticity is 4, and the cross-price elasticity of demand between it and go
define business cycle
How can we answer in Economic terms this questions: Why should the government consider to increase tax on cigarette
Suppose you belong to a tennis club that has a monthly fee of $75 and a charge of $5 per hour to play tennis.
the circular flow of income in an governed economy
distnguish betweenNational income at market price and National Income at factor cost, explain the importance of the distinction
examine keynesian theory of un employment
Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demanded for ea
Foreign Direct Investment and Development: In neo-classical economic theory, FDI involves the movement of capital from capital abundant to capital scarce host countries. Mun
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