Question
SUBJECT: MICROECONOMICS ACTIVITY (Interest, Rent and Profit) 1. Explain through examples the Liquidity Preference Theory of Interest 2. Construct a brief Economic Discussion of Profit
SUBJECT: MICROECONOMICS
ACTIVITY (Interest, Rent and Profit)
1. Explain through examples the "Liquidity Preference Theory of Interest"
2. Construct a brief Economic Discussion of "Profit"
3. What is the context of The Modern Theory of Rent as advocated by known economists.
4. Distinguish between Real and Nominal Wages. Be able to give examples.
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Economics Today The Macro View
Authors: Roger LeRoy Miller
18th Edition
0133884872, 978-0133884876
