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A situation, allocation or outcome is Pareto efficient if no one party can be made better off without another being made worse off. The outcome of a perfectly competitive market is Pareto efficient wherea...
Fiscal policy is the government's adjustments in taxation and government spending in order to influence the economy. For example, an increase in taxation and a reduction in government spending would re...
Supply Side policy is basically anything that improves the long run growth of an economy. By that, we mean, anything that can help it grow in the long run sustainably, thereby avoiding 'bad' inflationa...
The current account is a section in the Balance of Payments, which shows a country's transactions with goods, services and income. It is made up of four different parts.
1) The balance of...
Although it may seem that the gender of French nouns is random and you have to memorise each, there is a simple way of using the word's ending to gauge it's gender.Masculine Endings:CBAnswered by Caitlin B. • Economics tutor2947 Views
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