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when firms increase their capital equipment without employing more people.
any useful or valuable things; people or human qualities including financial assets and physical...
goods and services that the state provides to improve social welfare.
an amount that has to be added to the balance of payments account to make sure that it balances...
the quantity of a type of product that consumers buy at a certain price at a certain time.
when the percentage change in the demand for one good is due to a percentage change in the price...