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What is capital accumulation?
Capital accumulation simply implies an increase into a country is stock or amount of capital over time. It requires net investment, which is investment over and above which required to replace worn out capital or deprecation.
Further producer goods mean economic growth along with higher output employment and income. The savings ratio(s) is the proportion of income which is saved. A savings ratio of ten percent implies 10pis saved for each pound of income.
Lottery Ticket Win! You win the lottery and are promised by the Lottery Commission $12,000 a year for 6 years, starting next year. Assume the interest rate is 9%. What is the pre
How did ikea''s strategy prior to north American entry and their strategy today?
Managerial economics bridges the gap between economic theory and practice
Staff time is generally the principal cost component of an IS project. Define five other areas where project costs could increase. Project costs also occur by: • Contract la
There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells
Illustrate liberalise or open up trade in market for promoting development? Liberalise or open up trade implies that: • Abandoning fixed exchange rates and elimination of re
What are the social economic factors and non economic factors in the development process? Development is a process including change into a number of social economic and non eco
Explain, using the example of museum visits, own price, cross-price and income elasticity of demand; consider own price elasticity for various demographic groups. Use diagrams wher
uses of discounting principals
what is a micro-finance bank
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