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What are people who developed ideas that explained how the economy known as?
Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.
Do economists predict future changes in the economy?
yes!
What do economists use to determine if an economy is healthy or if it is in a recession or depression?
GDP
Why do economists describe the us economy as a mixed market economy?
Citizens have economic freedoms with some government regulation
After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?
wait for the economy to achieve equilibrium
Economists generally assume that?
Economists generally assume that the economy will behave in an understandable way.
What are people who develop ideas that explain how the economy works known as?
Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.
What are people who developed ideas that explained how the economy known as?
Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.
Do economists predict future changes in the economy?
yes!
What are people who developed ideas explained how the economy worked known as?
Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.
What do economists use to determine if an economy is healthy or if it is in a recession or depression?
GDP
Why do economists describe the us economy as a mixed market economy?
Citizens have economic freedoms with some government regulation
After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?
wait for the economy to achieve equilibrium
Economists associate Adam Smith with a?
Adam Smith is associated with a market economy.
Why do economists regard imperfect competiton as undesirable?
Economists regard imperfect competition as undesirable because it does not have the efficiency they would need to study an economy. An imperfect competition has large companies that dominate the economy and thus creating an imbalance.
Who argued that the economy should be left to itself to close a contractionary gap?
the classical economists
Is this a correct parallel sentence According to some economists neither high unemployment nor large deficits will keep the economy from rebounding?
According to some economists, neither high unemployment nor large deficits will keep the economy from rebounding.
