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How does the local and national UK economy benefit from businesses?
the local and national economy play a really big role in the business enviroment. Economic activity is the amount of production taking place. Over time, the level of economic activity in a country, tends to move up and down in a business cycle.In a downturn or slump output falls and many businesses shed staff because sales are falling. The economy experiences a recession. In an upturn or boom, businesses increase output and hire more staff to keep up with extra demand. The economy experiences economic growth.
What determinis the amount of output an economy produces?
haw the amount of output an economy produces can be determinis?
What role do capital goods play in the economy and how do they contribute to economic growth and development?
Capital goods are essential tools and equipment used in the production of goods and services. They play a crucial role in the economy by increasing efficiency and productivity, which leads to economic growth and development. By investing in capital goods, businesses can produce more output with the same amount of resources, leading to higher profits and overall economic prosperity.
How do firms react to unplanned reduction in stock?
its either; reducing output. reducing planned investment. increasing output. increasing consumption
Why an economy's income must be equal to its output?
Because output generates income.
When the economy is growing total output is and total income is?
both are increasing.
One of the most important tasks facing Nehru was improving India's economy. reuniting India. increasing India's birthrate. increasing food output.?
impoving India's economy.
How does the local and national UK economy benefit from businesses?
the local and national economy play a really big role in the business enviroment. Economic activity is the amount of production taking place. Over time, the level of economic activity in a country, tends to move up and down in a business cycle.In a downturn or slump output falls and many businesses shed staff because sales are falling. The economy experiences a recession. In an upturn or boom, businesses increase output and hire more staff to keep up with extra demand. The economy experiences economic growth.
What determinis the amount of output an economy produces?
haw the amount of output an economy produces can be determinis?
The level of output the economy can produce in the long run is referred to as?
haw the amount of output in economy produces can be detreminis?
What role do capital goods play in the economy and how do they contribute to economic growth and development?
Capital goods are essential tools and equipment used in the production of goods and services. They play a crucial role in the economy by increasing efficiency and productivity, which leads to economic growth and development. By investing in capital goods, businesses can produce more output with the same amount of resources, leading to higher profits and overall economic prosperity.
How do firms react to unplanned reduction in stock?
its either; reducing output. reducing planned investment. increasing output. increasing consumption
What are the output in industries and businesses?
Goods and services.
Why an economy's income must be equal to its output?
Because output generates income.
What is the economy in which the interaction of supply and demand determines price and output?
Market Economy
What stage of business cycle is the Indian economy 2011?
Indian economy is in growth stage, as compared to previous years output, employment, inflation, consumer spending and investment is increasing. And as compare to previous years bank credit policies are also becoming liberal.
What determines the amount of output an economy produces?
The factors of production and the production technology determine the economy's output of goods and services. An increase in one of the factors of productionor a technological advance raises output.
