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elasticity concept occupies a central place in policy formulation. Explain in details.
interaction between the two market force, demand and supply
QUESTION Write short notes on any three (3) of the following: (a) National income and the standard of living. (b) Globalization and its implications for developing countr
The government spending on given goods and several services including public. This is government spending on state-provided goods and services including public and merit goods. Dec
Suppose that historically, the proportion of people who trade in their old car to a car dealer when purchasing a new car is 48%. Over the previous 6 months, in a sample of 115 new-
The factors that affect the volume of production in economics
concept ofexploitation of labour
uses of discounting principals
What is the argument of advocates of World Bank in promotion of development? Advocates of the World Bank argue: • Loans and aid alone don’t guarantee development or the
What are economic systems? An economic system is the system of organisations utilized by a society to solve the economic difficulty of what how and for whom to make. There are
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