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both full employment and full production
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∙ 11y ago
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Is an economy is efficient when it has achieved full production?
The economy is efficient only when it has achieved full employment and full production
What is the significance of interest rate on an economy?
to make the economy more effective and efficient
What does specialization do for the economy?
it makes it more efficient
Why do centrally planned economies tend not to be efficient?
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
How does a production possibilities curve illustrate how efficient an economy is?
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
Is an economy is efficient when it has achieved full production?
The economy is efficient only when it has achieved full employment and full production
What is city fuel economy?
Fuel economy that is achieved in primarily city driving
What is the significance of interest rate on an economy?
to make the economy more effective and efficient
What does specialization do for the economy?
it makes it more efficient
Why do centrally planned economies tend not to be efficient?
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
How does a production possibilities curve illustrate how efficient an economy is?
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
How efficient is esx regarding to security?
ESX is extremely efficient regarding security. Full protection will be achieved once proper procedures are completed. Full requirements must be achieved in order to obtain proper efficiencies.
What effect does new technology usually have on an economy?
It makes the economy stronger and more efficient.
How can effiecient home management be achieved?
Efficient home management can be achieved by making a budget for household expenses. Home management is achieved when household members avoid procrastination household tasks.
What progress has Russia achieved in its transition to a market economy?
Green fruit#
What usually makes an economy stronger and more efficient?
technology
What is the definition of an efficient economy?
to use the system in a wise manner
