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What Economists use per capital GDP to measure and compare nations relative?
Population
What categories do economists use to classify resources?
Four generally accepted types include: land, labour, capital, and human capital.
Do economists use the term investment to signify physical or mental work?
do economiists use the term investment to signify physical or mental work
What is the term that economists use for the saving situation shown at the 240 level of income?
dissaving
Why do Economist use the term demand to refer to what?
Economists use the term demand to refer to a schedule of various combinations of market prices and amounts demanded.
What Economists use per capital GDP to measure and compare nations relative?
Population
What categories do economists use to classify resources?
Four generally accepted types include: land, labour, capital, and human capital.
Do economists use the term investment to signify physical or mental work?
do economiists use the term investment to signify physical or mental work
What is the term that economists use for the saving situation shown at the 240 level of income?
dissaving
Why do Economist use the term demand to refer to what?
Economists use the term demand to refer to a schedule of various combinations of market prices and amounts demanded.
When describing the opportunity cost of two producers economists use the term?
When describing the opportunity cost of two producers, economists use the term "comparative advantage." This refers to the ability of a producer to create a good or service at a lower opportunity cost than another producer. By specializing in the production of goods where they hold a comparative advantage, both producers can benefit from trade, leading to increased overall efficiency and resource allocation.
What do economists use to measure the personal satisfaction someone gets from consuming goods and services?
Utility because it's a term in economics that refers to the total satisfaction received from consuming a good or service.
Which word do economists use for fairness?
Economists use the word equity for fairness
Can you use long-term capital loss to offset short-term capital gains?
can long term gains be offset by short term losses
Economists use the term marginal utility to mean?
additional satisfaction gained by the consumption of one more unit of a good.
How can you use the term physical capital in a sentence?
My tractor is an example of physical capital
What is the adjective for Germany?
The word German can be a proper noun or a proper adjective. The noun refers to someone in or from Germany (a German), or the language spoken there. *as a genealogy term, it does not use a capital G
