- 3 List And Explain The Five Determinants Of Demand 4 Explain The Reason For Direct And Indirect Relationship Between P 1 (51.51 KiB) Viewed 16 times
3. List and explain the five determinants of demand 4. Explain the reason for direct and indirect relationship between p
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3. List and explain the five determinants of demand 4. Explain the reason for direct and indirect relationship between p
3. List and explain the five determinants of demand 4. Explain the reason for direct and indirect relationship between price and quantity demanded and quantity supplied. 5. What is price ceiling? List four results that a price ceiling will lead to. 6. Differentiate between fiscal policy and monetary policy. What are the components of fiscal policy? 7. Discuss the differences between Real GDP and Nominal GDP. 8. Discuss different methods of calculating GDP.