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What is structural change?
Structural change:
Structural change arises while the associate share of GDP and employment accounted for through the primary, secondary and tertiary sectors modifications. Structural change results are within a change into GDP and employment figures for a specified industry or sector.
Financial engineering deals with the design of new assets. Draw the payoff (at t=1) of the following bull butterfly spread: Purchase 1 call with exercise price a Sell 2 calls
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How does product life cycle works
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