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Uses of national income statistics:
- It helps to organize economic data and activities.- It helps to classify economic activities into various segments or sectors.- It helps to keep track of total production within the macro economy.- It helps to determine the economic performance of a country.- It helps in policy formulation and implementation etc.
Explain the Human Development Index Introduced by the UN in 1990, the index take into account not only the goods and services formed but also the ability of a population to use
So what caused the end of Malthusian age? How did humanity escape from the trap in that invention and ingenuity increased the numbers though not the material well-being of humanity
What is Nancy’s lifetime income as a function of her level of schooling, S? 2. What is Nancy’s lifetime income if she gets no schooling? What is it if she goes to school for all 60
what is isoquant ?
where does stage 1 end?
discuss utility
Explain the difference between a stock and a flow. A stock is something whose quantity is calculated at a point in time, whereas a flow measures the quantity of something ove
Evaluation of the WTO: The WTO is different from and an improvement over the GATT in the following respects: • The WTO is more global in its membership. • The WTO ha
How is the foreign exchange rate determined
RELATIONSHIP BETWEEN TFC ,TC ,TVC
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