BAM 114 Theory Questions: Economic Concepts: Fixed Capital, Equilibrium, and Macroeconomics

100 Level Department of Arts and Social Sciences exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

Explain any three (3) of the following:
(a) Fixed capital
(b) Composite demand
(c) Equilibrium
(d) Skilled labour
(e) Macroeconomics

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