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please may you explain this concept
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
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Definition of Pareto Optimal Allocation
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Explain why both the PES and PED tend to be inelastic in the short run for primary goods. PED deals with (primarily) the ability and propensity of consumers to switch to other
Consider the following flow (in thousands of people) between the various labour market states in a particular month:
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