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What is a barrier to trade in which the government makes payments to local suppliers to reduce their production costs and make their products more competitive with foreign products?
Wiki User
∙ 11y ago
Subsidies
Wiki User
∙ 11y ago
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Is a barrier to trade in which the government makes payments to local suppliers to reduce their production costs and make their products more competitive with foreign products?
Subsidies
What are two types of payments of factors of production?
There arent only 2 payments of production and it depends on which factor of production you're talking about. For Labour - the payment to the factor is Wages, For Capital - Interest For land - Rent Entrepreneurship - Profits These payments to the factos of production are provided by the firms. M x
What were payments made to stimulate production of certain goods?
Subsidies.
Why are transfer payments not included as a government expenditure when calculating GDP?
no, because they are not payments for currently produced goods or services.
Government payments to protect or encourage economic activity?
Subsidy
Is a barrier to trade in which the government makes payments to local suppliers to reduce their production costs and make their products more competitive with foreign products?
Subsidies
What are the factors of production and corresponding payments?
The factors of production are inputs and outputs. The corresponding payments refer to what the finished good is being sold for.
What are two types of payments of factors of production?
There arent only 2 payments of production and it depends on which factor of production you're talking about. For Labour - the payment to the factor is Wages, For Capital - Interest For land - Rent Entrepreneurship - Profits These payments to the factos of production are provided by the firms. M x
Balance of payments deficit?
A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue
Why is it important to keep accurate records of supplies suppliers and systems?
It is important to keep a record to ensure that you are making payments in a timely manner. Tracking your suppliers will also help you manage your inventory.
What best describes government payments to a person or business?
Transfer Payments
What were payments made to stimulate production of certain goods?
Subsidies.
What terms best describes government payments to a person or business?
Transfer Payments
Terms best describes government payments to a person or business?
Transfer Payments
Is there government assistance for house payments?
is there any help out there to help make house payments
What was the goal bonus army?
Payments from the government
What were the goals of the Bonus Army?
payments for the government
