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What is Economics?
The Nature of Income II
Supply and Demand
22 other sections not shown
amount assets average cost bank money Bank of England capital cent changes Chaps commodity common money competition consumers consumption currency decrease demand curve demand schedule depends deposits Diminishing Returns earnings economic effect Egyptian pounds employed employment equal equilibrium exchange exist expenditure exports factors of production firm fixed forward price given gold greater important increase increment indifference curve individual industry inelastic investment labour land less loans marginal cost marginal physical product marginal product marginal rate marginal revenue market price ment modity monopoly occupations organisation output payments perfect competition possible pound problem profit Purchasing Power Parity quantity of factor quantity of money rate of interest rate of return rate of substitution receipts reduce rent represents rise risk Ruritania savings scale securities sell slope specialised supply curve theory tion total cost trade unit of factor variable factors wages wheat