LIBROS DEL AUTOR: nmp verma

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  • Recession and Its Aftermath
    NMP Verma
    Market failure at medium intervals is inevitable in a capitalist economy. Such failures may not be seriously seen in the short run because market adjusts demand through hoarding of inventory or import of required goods and services. The market also adjusts demand in the long run through expansion of concerned industrial output and also by the entry of new firms. The crucial var...
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