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What is the difference between price value and price level?
Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level is the present market price prevailing in the market.
explain convergent and divergent system
What defines the fact that the value of global production has grown by a factor of 4.6, while the value of global production per capita has grown by a factor of 2? The enhance
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
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