Problem on full employment
Does full employment take place if AD = AS or S = I?
Expert
This is not essential that full employment take place whenever AD = AS or S = I. This means that full employment might or might not take place at AD = AS or S = I.
Assume that you receive $18 worth of “jollies” (that is, satisfaction, utility or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding holes drops $1 for each and every hole played. You should p
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Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
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WHAT ARE THE STRENGTH AND WEAKNESS OF THE THEORY OF FOREIGN DIRECT INVESTMENT
Definition of equilibrium price: It is the price which balances quantity demanded and quantity supplied. The equilibrium price is frequently termed as the "market-clearing" price since both buyers and sellers are p
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