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Economics

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.

500 Questions

How does a country in debt make people poor?

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Asked by Wiki User

It takes their money in order to get out of debt.

What do you understand by nature and scope of economic geography?

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Asked by Wiki User

Geography is an interesting subject.South America has vast resources of forests,water,minerals and land but many of its resources have not been fully untilized.let us consider each of these resources and see to what extent and in what manner they have been used.The largest forests of the continent are the selva.

How does a expansionary monetary policy affect the interest rate overall price level and GDP?

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expansionary monetary policy increases money supply by lowering interest rates

What are some open door policy economic effects?

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what was the purpose, importance and effects on the open door policy?

Which condition leads to an increase in supply?

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an increase in the cost of raw materials