Explain the definition of Economics
Explain the definition of Economics?
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a. The social science concerned with the efficient use of limited or scarce resources to achieve maximum satisfaction of human materials wants.
b. Human wants are unlimited, but the means to satisfy the wants are limited.
Define the term Abstractions in economics?
Write short note on Demand?
Question: To determine the real exchange rate, what two pieces of information do you need in addition to the nominal exchange rate? Answer: Q : Illustrate the 3rd the government Illustrate the 3rd the government redistributes income?
Illustrate the 3rd the government redistributes income?
Why are democratic regimes more conducive to economic growth than dictatorship
What is the difference between qualitative data and quantitative data, provide an example of each.
ECONOMICS Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate. Unsupported answers will receive no marks. It is the ex
Write down the external factors which influencing the capital structure?
Why producers not be able to find enough paying buyers for “public goods”?
Illustrate Competition among buyers and sellers is a controlling mechanism?
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