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State the meaning of static economics analysis. - Economics

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Question

State the meaning of static economics analysis.

Very Short Answer
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Solution

The term ‘static’ refers to a position of rest or absence of movement.

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Chapter 16: Basic Concepts of Macro Economics - TEST QUESTIONS [Page 16.8]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 16 Basic Concepts of Macro Economics
TEST QUESTIONS | Q A. 8. | Page 16.8
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