Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
What are the strength and weakness of using per capital national income? give explained answer for query
Define the term Supply curve.
Quetion: Describe the present economic crisis situation in Europe. Why has it been so difficult for the Europeans to find a solution to this problem? Comment on what implications the crisis may have for the rest of the
The law of equivalent marginal advantage is violated when people: (1) think about paying a higher price that ensures better quality. (2) elect a general as president while war clouds threaten. (3) fail to allocate similar resources within equally valu
Explain the concept of “economies of scale” and “increasing returns”.
What happens when AD > AS past to full employment level of employment?
"In corn market, demand often exceeds supply and supply sometimes exceeds demand." "The price of corn rises and falls in response to changes in supply and demand."
Law of supply: It is the claim which, other things equivalent, the quantity supplied of a good increases whenever the price of the good increases.
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
Read the article on blackboard in the assignments area, John McCallum "Agriculture and economic development in Ontario and Quebec until 1870", Gordon Laxer, ed. Perspectives on Canadian Economic Development: Class, Staples, Gender and Elites (Toronto: Oxford Universit
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