Economic
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Explain and give an illustration of (a) the fallacy of composition; and (b) the “after this, therefore because of this” fallacy. Why are cause-and-effect relationships difficult to isolate in the social sciences?
Explain how government might manipulate its expenditures and tax revenues to reduce unemployment?
Explain the statement: “Facts serve to sort out good and bad hypotheses.”?
The key model underpinning David Hume’s price-specie flow mechanism which most mercantilists failed to grasp is termed today as: (i) the equimarginal principle. (ii) the wages-fund doctrine. (iii) the quantity theory of money. (iv) partial equil
Least consistent along with Adam Smith’s theory of wages would be the suggestion that wages vary positively along with the: (w) effort required to learn skills necessary to accomplish particular types of work. (x) stability of employment and the
Illustrate the Optimal or best product-mix and also Law of increasing opportunity costs?
Briefly explain the term Price Earnings Ratio (or P/E Ratio)?
Why do governments enact trade barriers?
Briefly state the pros and cons of Corporation?
Which of the given is the best illustration of a perfectly competitive industry: w) wheat production. x) steel production. y) electricity production. z) airplane production. Hey friends please give your opinion for
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