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Because households and firms look at prices when deciding what to buy and sell, prices guide these individual decision makers to reach outcomes that, in many cases, promote general economic well-being by allocating resources efficiently. See More We trained at the Women Leaders Event last year for top civil servants on the importance of the role of women in the world economy at the National Government School. If no clear-cutexportmarket existsfor these indigenous energy resouroes.if all the new incomeis consumed. the efficiencyshadow wage rate (ESWR) is given by: SWR = a. then we may stop here. of increasing domestic-pricedprivate sector consumption by one unit.
Pages: 222
Publisher: Berghahn Books; 1 edition (December 30, 2007)
ISBN: 1845455045
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