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too high inflation rate would decrease the purchasing power of the money in those unemploied people
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Health and what other factors affect the wealth of a nation?
Other factors which affect a nation's prosperity are population, intellectual achievement, and good governance. In reality the number of factors are beyond counting.
What owns the factors of production?
Factors of production are typically owned by individuals, businesses, or the government. Land is owned by individuals or governments, labor is owned by individuals, capital is owned by businesses or individuals, and entrepreneurship is typically owned by individuals who take the risk to start and run a business.
Who own the factors of production in Canada?
Alex dabek
In a free market economy firms purchase from households?
In a free market economy, firms purchase factors of production such as labor, from households.
In a free market economy the factor market involves which type of exchange?
a. the goods and services that households produce are purchased by firms.b. firms purchase factors of production from householdsc. Households purchase factors of production from firmsd. firms loan money to households to purchase capital
What factors affect household wealth?
too high inflation rate would decrease the purchasing power of the money in those unemploied people
Which economic institution owns the factors of production in a market economy?
communism households
What factors affect reliability?
factors affect reliability
What is the role of households in the economic cycle?
To provide all the factors of production to resource markets.
In the circular model how are households compensated by firms for the factors of production they provide?
With wages, rent and dividends.
How does capital budgeting affect shareholders wealth?
since it is a long run investment, the ability of the firm to involve in effective planning affect the wealth of the shareholders
What factors usually affect pricing?
What factors usually affect pricing?
