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Economics

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Parent Category: Business & Finance
Economics is the study of production, distribution and consumption of goods and services whether in a city, country or a single business. Questions about supply and demand and economic theory are welcome here.
There are two issues here that make this question unanswerable: Gas attacks by there nature do little to no physical damage to buildings or infrastructure; they simply kill people. One cannot put a price tag on loss of life. What light be more easily quantified, by future historians who tally the…
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Think of history as an umbrella, and geography as the rainy weather. Everything that happens, happens within the context of history: economics, civics, politics, etc. They are all affected by the place and time within history. Geography then plays a role in how history develops. Without certain ge…
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It means that the variable plotted on the vertical axis increases as the one plotted on the horizontal axis increase.
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The Treasusry department is responsible for minting and printing the US currency.
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Visibility in business is a key to the success of a company. Visibility is obtained by advertising and producing a valuable product that appeals to a large part of the buying public.
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No. Polish was a communist economy before 1989. Since then it started to transform in capitalistic economy.
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In the open market people are free to purchase what they want. The free market allows people to negotiate and pay for the goods as they see fit.
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The King will reply, 'Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me.'
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Home Economics help you learn how to balance a checkbook in your adult life, and it helps you not to go bankrupt with a huge debt that you may not be able to pay off. It helps keep track of your income and outcome of lucre.
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Economic and class distinctions were a major conflict in the drafting of the United States Constitution, and the poorer majority had little to no political power at the time. In fact, almost all of the framers of the Constitution were or came from wealthy or dignified backgrounds. However, they knew…
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-Farming -Fishing -Slavery
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It has changed from being a manufacturing led economy to being a service industry and financial centre led economy.
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A company that controls an entire industry is a "monopoly".
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Right now (2014) Mexico is slightly more industrialized than Brazil, due to the following indicators: Mexico's GDP per capita is around US$15,400 while Brazil's is US$11,700 Mexico's agricultural activities account for 3.6% of the country's GDP, while Brazil's agriculture accounts for 5.2% Mexica…
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In a free market situation*, price tends to fluctuate in direct relationship to demand. As demand increases, price increases. As demand decreases, price decreases. * Normally, price is set by two factors: supply and demand. The increase of either is always at the relative expense of the other. When…
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The original question was altered to make it more relevant. What the question might mean is this: What are the consequences of large amounts of energy concentrated in a small area? Here the answer has been that the supply of energy such as petroleum products, and /or crude oil can be manipulated to…
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Generally speaking, in a free market economy, the consumer is the most reliable source of information on this economic question. In planned economies, for whatever reason, the government makes those decisions. Examples of that not being a sound economic policy was recently born out on North Korea. T…
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Many nutritionists believe that abstaining from red meat and having a vegetarian diet is better for one's health. In most cases, removing red meat from a person's diet is less expensive than a "regular" diet. The disadvantages of a vegetetarian diet are yet to be discoverd.
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New Zealand is a small group of islands to the east of Australia. It has a mixed economy. Traditionally New Zealand could be describes as an economy based on farm products. This nation has expanded from that to host more industry to better compete on a global basis.Exports of New Zealand include dai…
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The economic relation of Bangladesh with China is that Bangladesh is the third largest trade partner of China in South Asia.
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Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
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The visible balance of trade is that part of the balance of trade figures that refers to international trade in physical goods, but not trade in services.
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The increase of produced goods from former wartime factories increased the goods available for purchase, which increased consumerism and consumer spending.
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It is known that the ageing of the glass ball the sun causes sunshine fluctuations. Also the can change the instruments and the location that is been recorded.
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in the equatorial type of climate people practise food gathering, hunting, and cultivation. more advanced people practise shift cultivation. in the tropical grasslands, people are mainly herdsmen and pastoralists. they practise cattle ranching. in the tropical deserts, the climate is too harsh and…
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An economy that operates without government regulation is called capitalism. Because there has never been a time when government did not participate in the economy, modern capitalism has never existed. Here I am referring to most nations going back as far as ancient times. I emphasize "most" to elim…
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For a country to be economically developed, it is important for the government to provide a lot of necessaties to the residents especially education and the others include water and sanitation, health facilities, etc. If the government is stabalized and everything is under control, then only the res…
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The population growth rate can measure how fast the population of a country can grow without engendering its declining living standards. Here we want to know the balance between growth rates in population compared to growth rates in economic output. By answering the question with the same wording as…
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The most obvious disadvantage is that it decreases efficiency.The most efficient producer is the one who can produce for the least cost. Subsidizing domestic industry shifts the production to a less efficient producer. The cost is ultimately borne by the taxpayers that fund the subsidy, leading to d…
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Henry bankrupted the treasury by ill-advised military forays against France. To replenish the funds, he broke with Rome and confiscated its property.
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There are no such creatures as "imps", they are imaginary.
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Around 30% if I'm not wrong
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To control short term interest rates, the Federal Reserve Bank of New York should establish a floor on money market rates while improving monetary policy.
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Agriculture{farming}, Livestock and, Oil are my guess...
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Generally speaking high tax rates take funds out of the private sector. A high tax burden leaves the private economy with less funds in invest in new technologies and to expand their growth. On an individual basis high tax rates leave people with less discretionary funds to make consumer purchases. …
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it doesn't cost is cost revenue is revenue
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There are now almost no countries (except perhaps North Korea and Cuba) that do not basically employ a capitalist economic system. The system of government may be dictatorship or communist but the economic systems have all reverted to capitalistic principles.
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I think in my opinion on 1863 one mil alloy is worth lots of money in compare to the present economy and it seems that one mil hongkong Victoria is a focal point to more generations to come . and i think kids all over the world are exiting to see that in every museum around the Globe and yet they ar…
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It may be advantageous to a developing country to assemble certain parts of some products rather than purchase the completed set from overseas because it could save the country money and help boost the economy in the developing country by creating jobs.
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why is demand estimation and forecast important for managerial decision making
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The European Union is a organization created with the aim of achieving closer economic and political union between member states of the European Community. This has been extra helpful in for foreign and security policy, and the creation of a central European bank and the euro.
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You can't really judge the economic status of a whole country on the basis of one high paying job. Even poor countries usually have at least some wealthy citizens. Rich countries have more of them, as well as a substantial middle class.
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Economics is both science and art. As a science it works on economic models. As art, it deals with individuals so their is change in human behavior. The interpretation of models may vary.
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did Il. child support shut down
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This is a group of nations that use the euro as their common currency. It is not one but several. In alphabetical order they are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain
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Economic reform measures initiated in India as a result in an increase in liberalization. Attempts were made to make India more of a socialist society after 1991.
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external shocks business investment, and interest rates
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The answer is The Bubonic Plague
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Merit pay is usually tied to special projects or outstanding work results. The idea that merit pay is based on is that employees will take extra efforts in order to qualify for additional income. This can be accomplished by a cash bonus or a promotion to a higher job level and the increased pay asso…
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Known as Pro-Poor Growth, agrarian reformers take land from the rich and give it to the poor to farm.
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India is not a socialist republic. While the government controls a good deal of the economy, India has been moving towards a free market economy rapidly.
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Consumer sovereignty is an advantage because it is the consumers who determine the services and goods produced.
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It means your mom can sell herself cheaper to me.
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cheap labor
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The term "deadweight loss of taxation" refers to the negative manner that better defines the wedge a tax places between buyers & sellers. In this particular situation the "dead weight loss" reduces the product or quantity exchanged. The tax increases the "wealth" of the government and reduces th…
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This is a very broad question that would be best asked more specifically regarding to a time frame, such as "What contributed to the expansion of the US economy in the 2nd half of the 20th Century?" However, as this question stands it can be answered in a very general way. This requires the understa…
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Consumer surplus is the hypothetical monetary gain of consumers because they are able to buy a product for a price lower than they are originally willing to pay. When demand increases, supply (which is inversely proportional to demand) decreases, and as a result, prices increase. When prices increas…
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The Coca-Cola is a good example of a non-iconic products.
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The Federal Reserve is overseen by Ben Bernanke who is the chairman. It is not controlled by Congress but Congress does have the right to revoke their charter at any time.
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A MT 123-23 is a type of Pokeman attack. The 123-23 has to do with the amount of damage done.
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Secondary: Manufacuring, Factory Work Tertiary: Services - Nursing, Shop Checkout
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Seoul continues to thrive as a city and economic force in the world for three main reasons. It is constantly incorporating new and improved transportation modes, making that transportation easily accessible and relatively affordable to the public, and constantly changing its landscape and layout to …
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The 13th amendment affects the right to bear arms. That's why the people in the US have the right to own guns.
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While Turkey's mostly free-market economy is moving toward its industrial and service sectors, agriculture still accounts for about a quarter of the population's employment. See The World Factbook link listed below for more information:
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developing life in it
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An organization must plan and authorize the money that it spends, also known as its expenditures. If the employees of an organization simply buy whatever they want to buy, without planning or authorization, then that organization will almost certainly run out of money and go bankrupt. Given unlimite…
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Easy. Buy other stuff in other amounts, at other times. Then you've changed your spending habits.
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A socioeconomic model tells you more than an economic model does, so in most cases I would say the socioeconomic model is better.
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Germany has been affected, but it has the strongest economy of the Eurozone countries, so it was better positioned to put up with the problems and start to grow again as the crisis eased.
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One example is competitiveness. Mexico has addressed competitiveness issues by improving its labor and fiscal laws.
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Some of them would be: Competitiveness: Even if Mexico has addressed competitiveness issues by improving its labor and fiscal laws, it still faces huge challenges when competing against the BRIC bloc (Brazil, Russia, India, China) for economic opportunities, markets and foreign investment from devel…
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The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
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Customers influence businesses to a great extent. In cunsomer durable business, customer's choice/selection play a pivotal part. Similarly in savings products, insurance business, customer's savings habits, life standards are the deciding factors for the growth of these types of businesses.
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With the basis of Iran's economy dependent on oil and producing petroleum products, it must focus its imports on helping that main product. In doing so, Iran must import machinery to help their petroleum industry. Also, Iran must import consumer goods and help it agriculture sector by importing vari…
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Production and income not reportedas income to the goverment. (by Solomon Zelman)
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A producer will enter a competitive market if it believes that it has a better version of other products already competing in a particular market. As an example, for a time, the best selling cola drink was Coca - Cola. It had a mass market of loyal cola customers. It seemed illogical to many busines…
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The economic stimulus of the 1950's was provided by increased government spending due to the Cold War. This caused demand to rise and eventually individuals had more disposable income.
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Many professors work at public universities where the desire to hold tuition rates down tends to keep salaries low. Also, it is more difficult to award productivity under the economic model of a university than a private company.
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Well, the best answer to this question as asked is 'yes.' Brazil is a big country, and contains everything from state-of-the-art techno-metropoli, to 'lost' tribes in untracked rain forest.
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The question here does not make sense. As one of many answers that could be given, here is a basic one. The United States is a democratic republic. The nation has the largest economy in the world. The GDP of the United States ranks near the top of most modern nations. America is not a nightmare.
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find out yourself you lazy people
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Yes.
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