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Monthly Archives: August 2012
Consider this – total medals by GDP (among others). There is always an economic perspective on everything
http://www.medalspercapita.com/#medals-per-capita:2008 Economic Sense If labor is the source of the wealth of nations (Adam Smith) from this we can extrapolate that there is a positive correlation with population, and GDP. “The annual labor of every nation is the fund which … Continue reading
Posted in Dr. Mulli's Economics Blog
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Prices of maize flour, bread, wheat flour, milk and other basic commodities will shoot up by 16 per cent, if MPs approve plans to impose a tax on them.
Economic nonsense. Necessities are inelastic goods in the economy. An increase in the price of necessities will result in a diversion of disposable income, proportionately resulting in less spending on other goods and services in the overall economy. The effect … Continue reading
Posted in Dr. Mulli's Economics Blog
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Technology Enabled Learning, Asbl. has been renamed the European Business University of Luxembourg, Asbl -- We are moving to https://www.ebu.lu and close on March 29th 2019. Thank you for your continued support! 