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What is domestic consumption?
The domestic economy is the total of what is bought and sold within the borders of a nation. It includes both goods and services.
How can specialization benefit both buyers and sellers in a free market economy?
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
Is monetary policy neutral in both the short run and the long run?
Monetary policy is not neutral in the short-run but neutral in the long-run. Besides, fiscal policy is not neutral in both short-run and long-run.
What is the difference between market economy and mixed economy?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
What is the verb of benefit?
Benefit is both a verb and a noun."I will claim my benefit today" is in noun form."This will benefit you" is in verb form.Benefits, benefiting and benefited are other verbs depending on the tense.
What northern European nation remained neutral during World War 2?
Switzerland remained neutral through both world wars.
What is domestic consumption?
The domestic economy is the total of what is bought and sold within the borders of a nation. It includes both goods and services.
How can specialization benefit both buyers and sellers in a free market economy?
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
Which nation has a communist command economy?
Cuba...!Have fun on study island Guys..!
As the nation's economic system developed the economy experienced?
As the nation's economic system developed, the economy experienced both ups and downs. This means that as the economy was developing, there were economic booms where the economy was considered 'good' but also falls (or depressions) where times are considered 'bad.' These ups and downs are sometimes, but not always, cyclical when they appear, meaning that a depression will be followed by a length of time when the strength of the economy grows again.
Are french euros valid in Spain?
because the banknotes are the same and the coins differ from nation to nation any euro is accepted in any EU nation Denmark which uses the krone has prices in both the krone and the euro to benefit travelers
What would benefit a nation more a small or large population?
Both small and large populations have their advantages and challenges. A smaller population may be easier to manage and provide more resources per person, while a larger population can contribute to a more diverse economy and greater innovation. Ultimately, the optimal population size for a nation depends on its specific circumstances and goals.
What was a neutral nation in World War 2?
Neutral nations included countries that did not fight on either side. In Europe, Switzerland was neutral. Spain was ostensibly neutral but aided the Axis (Germany). Ireland was neutral, its shipping being interdicted by both the Allies and Axis, but in many cases the Irish acted in concert with the Allies, as their own sovereignty was at risk. The Vatican was neutral and was occupied by neither side.
What position did the US take when Britain and France went to war in 1793?
Neutral
What do you call an economy that has both captialism and socialism?
An "oxymoron." A condradiction, as in "cruel kindness." However, the society (nation) that consisted of both a capitalist & communist economy would certainly be considered a FREE country; free to practice what religion, speech, and manner of legal business that it chose to pursue.
What is the verb form of benefit?
Benefit can be a verb. We both benefit from the new law changes
What nation set up a naval blockade of Germany ports?
During most of WW1, the US remained a neutral nation. It tried to trade with both Great Britain and Germany, but Britain didn't allow the US to trade with Germany, so it set up a blockade.
