In the Malthusian growth model, what happens in the steady state if total factor productivity  goes down? Explain

Q: Discuss wether the sale of state owned enterprises will benefit an economy. Must use examples

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A: * SOLUTION :-   

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Q: 3. Assume equations 1 and 2 below were estimated from the data gathered that will represent the dema...

A: Introduction We have given demand and supply function. Demand function is Q dx = 65,000 - 11.25 Px +...

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A: Gh

Q: 100 units 350 units 50 units 250 units

A:  International trade: - it means the buying and selling of goods and services with other countries.

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Q: Which of the following statements is/are correct? I. The supply-of-loanable-funds schedule (also cal...

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A: Answer -

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A:

Q: Standard of living of a country can be raised if it increases Labour force

A: To find : Which is reason for increase in standard of living of a country. 

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Q:

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Economic Growth

It means the rise in the manufacturing levels of a country’s products/services over a while. It is calculated in terms of the real income of the people of the country. When the production of products/services begins, the manufacturers will hire employees, which in turn raises the income of the people and it will also raise the buying power, this eventually leads to the circulation of money that directly helps in the increase in the Gross Domestic Product (GDP). Thus, GDP is calculated by economists to calculate the growth in the country.