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what is the theory of second best?prove the theorm with the help of diagram?
Much of the supply-side, fiscally conservative economic policies of Margaret Thatcher, Ronald Reagan, and even Mike Harris in Ontario were predicated on the belief that high income
what is histogram?
factor afecting the demand for durable product
substitution and income effect on inferior good
what is the homogeinity of demand function wrt prices and income
What is the difference between Price inflation and Wage Inflation? Price inflation is the rate of enhance in the prices of goods and services whereas the wage inflation is ra
can average labor productivity fall even though total output is rising
Explainbainlimitpricetheory
When measuring price levels in the economy (such as when calculating the CPI index), why is a weighted average used? Because we require giving greater emphasis to prices at whi
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