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Why is it considered well to bring all BOP's to zero? If BOP of any country is zero, it reflects that the present account of that country has sufficient balance to meet the n
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Explain why both the PES and PED tend to be inelastic in the short run for primary goods. PED deals with (primarily) the ability and propensity of consumers to switch to other
define opportunity cost and how it is useful in managerial decision making?
A film studio in Hollywood produces movies according to the function q = F(K;L) = (2=100)K^0.5L^0.5 In the short run, capital (studios, gear) is xed at a level of 100. It costs $
uses of time series in indian economy
The US government decides to subsidize solar panels. For each unit sold, the government pays $T to the buyer. Using a graph, show how this subsidy affects i) consumer surplus, ii)
How would you convert from moles of iron(III) oxide to moles of carbon monoxide?
use the concept of the income elasticity of demand to explain the difference necessities, luxuries and inferior goods
The prevention of major swings in economic activity can be handled most easily by the
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