a market structure where there is only one producer of a good or service who controls the price...
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Type: Glossary
a statistical method used to analyse changes in the data over time.
Grade 12
Type: Study Card
MTEF stands for Medium Term Expenditure Framework. It refers to the way in which the government...
Type: Glossary
are large business organisations which produce and/or distribute goods and services in more than...
Type: Glossary
when changes in spending have an effect on income that is greater than the original change in...
Type: Glossary
(in economics) production/earning/spending by citizens of a country no matter what the...
Type: Glossary
the document that contains all the estimates of state revenue and expenditure for the next...
Type: Glossary
the total value of all the money spent on the national production of a country in a certain time...
Type: Glossary
the total value of all the money earned by the nationals of a country in a certain time.
Type: Glossary
the total value of all the final goods and services produced by the factors of production owned...