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What is framework in the Modern Economics?
Framework in the Modern Economics:
The framework is a framework which uses to deal along with daily activities and is utilized to study particular economic matters and questions which economists are interested within. Approximately of all theoretical economics papers adopt such framework. It is use to have a solid training into economics and doing research.
Explain the approach of characterizing the modern economic environment. Modern economics gives various perspectives or angles to seem at real world economic issues. An economic
a severe restriction occurs to the availability of consumer credit throughout the banking and finance system
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PARALLEL ECONOMY: What is in popular parlance known as black money, and is, misleadingly called the 'parallel' economy, (as it operates very much with and within the legal, fo
What is the difference between 'concept' and 'assumption'? These two terms are very dissimilar. The term 'concept' refers to an idea or abstract principle. For instances, forc
what is the theory of second best ? prove the theorem with the help of a diagram .
Evaluate the role of multinational companies in helping developing countries to achieve economic growth/development. Explanation of growth; enhance in GDP per time period Ex
Assume that a shoe salesman learned the price elasticity of demand for her products is -1.5. How many percent will increase in total sales (revenue) if she cuts the price by 10%?
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