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Explain how automatic (fiscal) stabilisers may help to lower fluctuations in the business cycle. Definition of automatic stabilisers as built-in to the system in terms of trans
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what do you understand by linear break-even point? in what way is it useful in managerial economics? what are the assumptions underlying the analysis?
what is the theory of second best ? prove the theorem with the help of a diagram .
technological advance reduced the cost of computer chips . explain using the demand and supply diagrams , how the the following markkets are affected in terms of price and quantiti
Most lotteries in the United States pay their winnings over time. For illustration, a million-dollar winner will receive $100,000 initially and the rest in equal installments over
What is consumer surplus? What is its significance and what causes it to change?
Is there any relation between inflation and unemployment? The Phillips Curve was a relationship among unemployment and inflation discovered by Professor A.W. Phillips. He foun
#question.what is meant by ppc?illustrate the central problems of aneconomy with this curve.
sylos labini model of limit price
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