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How to find the equilibrium definition economics

The economic analysis of the future is based on two assumptions: that the economy will remain stable, and that it will not become more efficient than it is today.The second assumption is what economists call equilibrium.An equilibrium is a situation in which the economy is not going to get better or worse than it was

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How to use economics for your business

The best way to use the skills you’ve learned in the Economics major is to use them in the areas of business management and business strategy.These skills are useful for building up your skills, developing your reputation, and advancing your career.This article is part of the series on using economics in your business.Economics majors can

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Economic data for January 2018

Economic data from January 2018 shows that manufacturing production is up over the previous year at the fastest rate in a decade.Manufacturing employment increased by 10,000 people and manufacturing payrolls increased by nearly 12,000 jobs, while the unemployment rate dropped to 6.4 percent.Manufacturing is one of the most important sectors for the U.S. economy, with

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How to save on electricity in 2018

A new report from the Federal Energy Regulatory Commission (FERC) shows that electric grid investments could be worth $50 billion to $200 billion over the next five years.But the amount of that money could be drastically reduced if a major change occurs to the federal grid.The agency released its preliminary report today, which found that

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A new global economic order, as predicted by economists

A new economic order has been created in the world economy, which economists predict will lead to higher economic growth.The economic order is predicted to be more open and transparent, with a higher level of trade and a greater degree of political and economic integration.The economic order will include an economy which has a high

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Why do some countries have so few immigrants?

Posted November 01, 2018 07:58:16A large number of people in Australia don’t have enough money to pay for housing, healthcare or a car, says a new study.Key points:The study by the National Centre for Social and Economic Modelling found a significant increase in the number of Australians living in poverty since the last Census in