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Inflation can be harmful if individuals' incomes do not increase at the same rate as rising prices, because then the consumers buy less. Economic contraction is harmful because companies begin to lay off workers, and the economy slows down.
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Fluctuations in a nation's economy are referred to as its?
a business cycle
Which refers to the fluctuations of growth and decline in an economy?
business cycle
Which type of economic system should not experience market fluctuations?
market economy
What industries of sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
capital goods
Most economists use the aggregate demand and aggregate supply model primarily to analyze?
Short-run fluctuations in the economy
Fluctuations in a nation's economy are referred to as its?
a business cycle
What can be harmful for the economy?
what can be harmful to the economy is when the non renewable resources are finished
Which refers to the fluctuations of growth and decline in an economy?
business cycle
Which type of economic system should not experience market fluctuations?
market economy
What industries of sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
capital goods
The industries or sectors of the economy in which business cycle fluctuations tend to affect output the most are?
services and nondurable goods
What are the benefits of homeostasis?
homeostasis maintains a constant or nearly constant body environment to save it from the harmful effects of fluctuations in the external enviroment.
Most economists use the aggregate demand and aggregate supply model primarily to analyze?
Short-run fluctuations in the economy
Is inflation harmful?
Too much inflation will ruin the economy but small levels of inflation will spur growth. Inflation is very harmful to any economy because it can ruin the economy's development and growth and this is not suppose to be. Inflation is also very harmful to any economy because the people living in that economy might not survive the situation and this is when you see that an economy is affected and if nothing is done to it, it can cause an economy to collapse.
What has the author Soo-Yong Kim written?
Soo-Yong Kim has written: 'Transmission of international economic fluctuations to a small open economy'
Which insect harmful to man both healthwise and economy wise?
1
Why are there huge fluctuations in temperature?
Huge fluctuations in temperature are called thermal fluctuations. This is how it can go from cold to hot.
