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In: Commerce

Give any two examples of macroeconomics variable.

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Latest Answer: 28 days ago
In: Commerce

What is invisible trade?

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Latest Answer: 28 days ago
In: Commerce

What is meant by appreciation of the currency of a country?

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Latest Answer: 28 days ago
In: Commerce

What is foreign exchange rate?

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Latest Answer: 28 days ago
In: Commerce

What is the value of MPC and MPS is zero?

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Latest Answer: 28 days ago
In: Commerce

What is the significance of the 45° line in Keynesian income determination model?

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Latest Answer: 28 days ago
In: Commerce

What is the alternative name of macroeconomics?

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Latest Answer: 28 days ago
In: Commerce

Explain the two basic conditions of consumer's equilibrium assuming that the consumers only two goods.

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Asked by Kapil
Latest Answer: 28 days ago
In: Commerce

"Monopoly firm is a price marker" - Explain.

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Asked by Kapil
Latest Answer: 28 days ago
In: Commerce

Write down three characteristics of monopolistic competition. State whether the output produced by a firm under such a market is higher, lower than or equal to that of a firm under perfect competition.

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