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elasticity concept occupies a central place in policy formulation
Assess the impact of fiscal and monetory policy on business organisations and their activities
QUESTION (a) Explain what factors might determine the level of investment in an economy. (b) ‘If investment increases it will cause an increase in income. If income increase
What are the reasons for globalisation? Globalisation is the result of: • Enhancements in communications and transport, • Elimination of trade limits and exchange contro
B. Complete the following table
analyse the method by which a firm can allocate the given advertising budget between different media of advertisement
Explain Marris’ Growth Maximisation Model in detail. Explanation of the model Constraints Demerits
What are colonial background countries of the development process? A colony is a country controlled by other. Various European countries had extensive empires as: • Latin
optimal use of variable input
What does Rostow predict? For Rostow: • Savings and capital accumulation (formation) are central to the procedure of growth therefore development • The solution to de
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