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Economics

Production possibility curve

A production possibility curve (PPC) is a graphical or diagrammatic illustration of all possible bundles or combinations of two types […]

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Economics

INTERNATIONAL TRADE AND NATIONAL INCOME DETERMINATION

Effect of imports on the multiplier: Increased importation reduces the sizes of multiplier with a consequent reduction in the size […]

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Economics

Investment Expenditure and The Multiplier

Expenditure on investment goods constitutes part of aggregate expenditure. If investment expenditure is increased, there will be an increase in […]

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Economics

Concept of Multiplier (K)

The multiplier measures the effect of a change in any of the components of aggregate demand such as private consumption, […]

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Economics

Concepts of savings, investment and consumption.

SAVINGS: are made up of disposable incomes which are not spent on consumer goods and services. In other words, saving […]

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Economics

Circular flow of income

CIRCULAR FLOW OF INCOME There is a constant flow of inputs and outputs as well as income among the different […]

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Economics

METHODS OF MEASURING NATIONAL INCOME

In using this method, account is taken of all the income received by individuals, firms and government within a year […]

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Economics

NATIONAL INCOME ACCOUNTING

National income accounting may be defined as the ways or means of computing or determining the money value of the […]

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Economics

DEVELOPMENT BANK

A development bank is a bank specifically established to provide long-term finance (loan) for various development projects, which help to […]

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Economics

THE STOCK EXCHANGE MARKET

THE STOCK EXCHANGE MARKET The stock exchange market is a highly organised capital market which provides facilities for the buying […]