Economic development is an expansion of production and consumption faster than population because of the steadily higher productivity of resources and combination of resources.
Bom answered the question on March 24, 2018 at 09:56
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What are the objectives of International Monetary Fund(I.M.F)?
(Solved)
What are the objectives of International Monetary Fund(I.M.F)?
Date posted:
March 24, 2018
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Answers (1)
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What are the main objectives of the fiscal policy?
(Solved)
What are the main objectives of the fiscal policy?
Date posted:
March 24, 2018
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Explain the types of elasticity of demand
(Solved)
Explain the types of elasticity of demand.
Date posted:
March 23, 2018
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List the assumptions of the law of diminishing marginal utility
(Solved)
List the assumptions of the law of diminishing marginal utility.
Date posted:
March 23, 2018
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Explain the exemptions of the law of diminishing marginal utility?
(Solved)
Explain the exemptions of the law of diminishing marginal utility?
Date posted:
March 23, 2018
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Define economies of scale
(Solved)
Define economies of scale.
Date posted:
March 23, 2018
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(a) Define elasticity of demand? (b) State the types of demand?
(Solved)
(a) Define elasticity of demand? (b) State the types of demand?
Date posted:
March 23, 2018
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Answers (1)
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Define consumer sovereignty?
(Solved)
Define consumer sovereignty?
Date posted:
March 23, 2018
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Answers (1)
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Discuss the limitations of consumer sovereignty?
(Solved)
Discuss the limitations of consumer sovereignty?
Date posted:
March 23, 2018
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Explain the types of equilibrium?
(Solved)
Explain the types of equilibrium?
Date posted:
March 23, 2018
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Give the disadvantages of price control?
(Solved)
Give the disadvantages of price control?
Date posted:
March 23, 2018
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Explain the types of price control?
(Solved)
Explain the types of price control?
Date posted:
March 23, 2018
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Answers (1)
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Define price control
(Solved)
Define price control.
Date posted:
March 23, 2018
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Answers (1)
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List six effects of price decontrol?
(Solved)
List six effects of price decontrol?
Date posted:
March 23, 2018
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Give the roles the government plays in a mixed economic system?
(Solved)
Give the roles the government plays in a mixed economic system?
Date posted:
March 23, 2018
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Answers (1)
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What is an economic system?
(Solved)
What is an economic system?
Date posted:
March 23, 2018
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Answers (1)
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Compare and contrast ordinal and cardinal utility theory
(Solved)
Compare and contrast ordinal and cardinal utility theory.
Date posted:
March 21, 2018
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The following information represents the National Income Model of an ‘Utopian’ economy. Y = C + I + G C = a + b(Y – T) T =...
(Solved)
The following information represents the National Income Model of an ‘Utopian’ economy.
Y = C + I + G
C = a + b(Y – T)
T = d + tY
I = IO
G = GO
Where a > O; O < b < 1
d > O; O < t < 1
T = Taxes
I = Investment
G = Government Expenditure
(i) Explain the economic interpretation of the parameters a,b,d and t.
(ii) Find the equilibrium values of income, consumption and taxes.
Date posted:
March 21, 2018
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Differences between micro and macro economics
(Solved)
Differences between micro and macro economics.
Date posted:
March 21, 2018
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Give the Importance and use of micro-economics
(Solved)
Give the Importance and use of micro-economics
Date posted:
March 20, 2018
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Answers (1)