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How is the foreign exchange rate determined
Services and goods that are used for their ultimate end purpose, meeting some human desire orneed. Consumption may include private consumption (by individuals, financed from their
what is the buying power of one''s income?
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
meaning of average revenue
why is normal rate of return on capital included in the total cost and what implication does it have
#question.contrast the long run equilibrium position of monopolistic competition firm and oligopoly.
In the city of Gelato the market for ice cream is perfectly competitive. Aggregate demand for ice cream is: D(p) = 1200-25p where p is the price for one cone of ice cream. Al
Current Account Deficit (CAD): Boon or Bane The general belief is that high CADs are dangerous. In general, this is correct. But the converse that low CADs are good is not. A
Economic Reforms and Foreign Investment Inflows: A major objective of economic reforms was to increase foreign investment, which helps to increase capital formation of the eco
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