The scarcity of resources leads to choices.
MacroeconomicsScarcity is the building block for economic theories.
MacroeconomicsBoth the demand curve and demand schedule help to analyze the pattern of quantity demanded against...
MacroeconomicsThe demand curve shows the inverse relationship between the price and the quantity demanded of the...
MacroeconomicsThe health care market is not a perfectly competitive market.
MacroeconomicsFirms can be characterized on basis of different features like nature, legal identity and liability...
MacroeconomicsThe share of imports and exports as a proportion of GDP has been low compared to other countries.
MacroeconomicsMacroeconomics study economy as a whole.
MacroeconomicsThe labor force is the sum of employed and unemployed workers in the economy.
Macroeconomics