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What are forms of price floors to lead inefficiency?
Price floors frequently lead to ineffectiveness in the forms of:
a. Inefficient allocation of sales in between sellers
b. Wasted resources
c. Inefficiently high quality
They also can give an incentive for illegal activity (for example, black labor).
working of static and dynamic multiplier in consumption function
Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method
how to calculate the ultimate change in deposits and credit?
Assume a sudden collapse in the stock exchange of an economy is expected to reduce the future profitability of the firms of the economy. Construct loanable funds market in a c
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explain approaches of national income?
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While referring to the "EYE on YOUR LIFE" section on, discuss the macroeconomic policy issues facing the U.S. economy today based on the economic concepts you have learned in this
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