Economic development is the development of the economic wealth of cou…
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Macroeconomic stabilization is a condition in which a complex framewo…
An exchange rate is a rate at which one currency can be exchanged for…
Business cycles are those fluctuations which recur in the aggregate e…
Consumption is defined as the amount spent by people for buying goods…
Keynes’ theory of employment is a demand-deficient theory. This means…
National income is the sum of the income of all individuals in a cert…
Factors of production can be defined as inputs used for producing goo…