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Why are subsidies a more efficient way of reducing prices than price ceilings are?

To begin with, the main difference between subsidies and price ceilings is that subsidies move the market equilibrium as they shift supply outwards (show on a diagram), which occurs because producers now ...

AZ
Answered by Anna Z. Economics tutor
19844 Views

Explain the importance of low interest rates in bringing about a recovery from recession in an economy like the UK. (10)

Interest rates are tools of monetary policy set by the Bank of England. They are currently at 0.5% in the UK. A recession is defined as two consecutive quarters of negative economic growth. Low interest r...

TD
7775 Views

How to convert a recurring decimal into fraction

Fristly we need to define recurring decimal as a rational number that does not terminate.

Example 1, 0.444444444...

Example 2, 0.123123123...

A fraction is a number in which the numer...

BL
Answered by Bernice L. Maths tutor
24758 Views

Two Source Analyses about Nazi Indoctrination of the Youth

The Teacher’s League compiled complaints from teachers throughout Germany, and these were released in et al. Bayern in der Zeit in 1981. This particular complaint[1] was filed from the Mainfranke...

EC
Answered by Emma C. History tutor
1722 Views

How does Süskind portray smell in part 1 of “Perfume”?

From the first pages of the book, he conveys the identity of people through their smells, or in the case of Grenouille, his main character, through the lacking of scent. Since Süskind gives the reader an ...

EC
Answered by Emma C. English tutor
6025 Views

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