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Explain the following: 11.function of money? 10.Economic growth is important? 9.difference between nominal and real GDP ? 8.The economic of scale ? 7. Public Goods
Explain the following:
11.function of money?
10.Economic growth is important?
9.difference between nominal and real GDP?
8.The economic of scale ?
7.Public Goods & Common Resources?
6.Consumer surplus ?
5. When there is a price ceiling and price floor in the market what are the possible outcomes in the market?
4.Elasticityof supply?
3. supply and demand ?
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