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Why are the imports subtracted when GDP is measured in expenditure approach? If you woke up in the working & found that nominal GDP has doubled overnight. what statistic wou
how is credit creation by commercial bank
Question 1: Differentiate between income, price and cross elasticities of demand. How will the concept of price elasticity be useful to the owner of a supermarket who wan
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The Concept of Taxation is explained below: Taxes are the general purpose, compulsory contributions by people to the public treasury (or national exchequer) to meet the expendi
Suppose the demand for loanable funds was stable but the supply fluctuated from year to year. what cause fluctuate in supply?
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
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