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Capital Account: The Capital Account presents transfers of money and other capital items and changes in the country's foreign assets and liabilities resulting from the transac
Use of ppc in microeconomics
Risk Aversion and Income - Variability in potential payoffs increases risk premium. - Example: A job has a .5% probability of paying $40,000 (utility of 20) and a 5 p
determinate equilibrium price and quantity. if Qd=7-1/2p AND Qs=1/4P-1/2
International Monetary Fund: International Monetary Fund (IMF) is one of the two institutions that were established as a result of the Brettonwoods Conference in 1944, the oth
For the purposes of economic analysis, a normal profit contains the cost of the lost opportunity of the next best option allocation of the firms resources. In a purely competitive
ways of imroving productivite
what is the indirect utility/
How to solve general equilibrium in pure exchange economy with 2 consumer and 3 commodities
Ways in which the markets fail and discuss why government intervention is justified and whether government intervention works or not.
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