External stability, Really briefly, what are 2 methods of measuring externa...

Really briefly, what are 2 methods of measuring external stability? In Australia generally.

Economic growth and economic development, Economic growth and Economic deve...

Economic growth and Economic development: Economic Growth refers to an increase in real aggregate output (real GDP) reflected in increased real per capita income.A country is

Cost theory, What are the economies and diseconomics of scale?

What are the economies and diseconomics of scale?

Bureaucratic problems, BUREAUCRATIC PROBLEMS: Bureaucratic problems en...

BUREAUCRATIC PROBLEMS: Bureaucratic problems encountered as hurdles in the implementation of economic policies are listed below: • Low levels of efficiency, effectiveness,

Game Theory, Three People choose whether to contribute a fixed amount towar...

Three People choose whether to contribute a fixed amount toward the provision of a public good. This good is provided if and only if at least two of them contribute. If it is not p

Short run production period and long run production period, Short run produ...

Short run production period and long run production period: The short run is a period of production during which some factors of production are fixed and some too are variable

How can we calculate the inflation rate, How can we calculate the Inflation...

How can we calculate the Inflation rate Inflation:   The rise in general prices and the decrease in value of money. Inflation is a sustained increase in the general price level

Macroeconomics question, In June 2009, Textile co. (a domestically located ...

In June 2009, Textile co. (a domestically located firm) purchased 1000 yards of cloth from India (a foreign country) for $1000. Textile co. hired Elizabeth and paid her $5000 to s

Critically examine recent development in demand theory,

Theory of consumer surplus, THEORY OF CONSUMER SURPLUS: We discuss the...

THEORY OF CONSUMER SURPLUS: We discuss the basic concept of consumer surplus and its derivation. A consumer normally pays less for a commodity than the maximum amount that she