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The economic model forecasting involves estimating several simultaneous equations which are generally behavioural equation mathematical identities and market clearing equations.The econometric model techniques is known also as simultaneous equation methods and complete system approach to forecasting. This techniques uses mathematical and statistical tools.
What is the difference between wages and salaries
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Why total product continues to increase despite a decrease in the marginal product?
Definition of Pareto Optimal Allocation
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Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
Q. What is Gini Coefficient? Gini Coefficient: A statistical measure of inequality. A Gini score of 0 signifies perfect equality (in which each individual receives the same inc
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
Q. Explain Capital Adequacy? Capital Adequacy: Capital adequacy rules are loose regulations which are imposed on private banks, in hope of ensuring that they have adequate inte
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