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How does price allocate goods and services?
Price allocates goods and service by making sure that goods and/or services get to people that can afford and want them. High dollar items are sold where people actually would buy them.
How does a market system prevent people from getting as many goods and services as they wish?
The market system allocates goods and sercives to those who are able to pay for those products and therefore income is a limiting factor.
What did the proclamation invite the freed people to do?
Such persons of suitable condition will be received into the armed services.
Why is increase in national income is necessary but not a sufficient condition for a rise in people's standard of living?
A rise in the national income is not necessarily a condition for the rise in people's standard of living. If the wealth is in the hands of a few, then most people's standard of living does not rise. In addition, if the population greatly increases, their is no rise.
How is Alzheimer's disease linked to age?
Although the cause of this condition is not known, the risk of Alzheimer's increases as a person ages. In 2000, the condition affected one in 15 people over the age of 65. The ratio rises to one in three people age 85 and older.
What percentage of people over age 65 are afflicted with dementia?
Approximately 10% of people aged 65 and older are affected by dementia. The risk increases with age, with estimates suggesting that around 32% of people aged 85 and older have the condition.
What services does TestIT offer?
TestIT offers a software testing service, including browser compatibility testing. The company is unique in that it primarily employees people with the condition Asperger's Syndrome.
What are the actions that other people value in the game of economics?
In the game of Economics services are actions that other people value. These are the services that are mainly provided by the government.
Which increases when either prices go down or incomes go up?
The demand for goods and services typically increases when prices go down or incomes go up. Lower prices make products more accessible to consumers, leading to higher demand. Similarly, when incomes rise, people have more purchasing power, allowing them to buy more goods and services. Both scenarios create a favorable environment for increased consumption.
What is a function of the government in a command economy?
Government planners decide which goods and services are produced and how they are distributed.The purpose of government in a command economy is to make major economic decisions. This is mainly aimed at protecting the consumers.
In what condition people take glucose?
When they have low blood sugar (hypoglycaemia). This can occur when diabetics have taken too much exercise or used too much insulin. Most people never suffer from hypoglycaemia because the body releases glucagon, which increases blood sugar levels.
How is public services used?
public services are used by the people.
