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Is alcohol an inferior good?

Because alcohol consumption goes up when an economy goes down, alcohol is indeed an inferior good from an economics standpoint.


Is the economy in the us going to get better?

no one knows but we hope and i think so with so many people going green! it will the economy goes up and down there are good times and bad times


What happens when price goes down?

Well, the economy screws up


How can the global economy affect the supply of good in the US?

Supply and demand can affect the supply of a in the United Sates, if there is little of a good and another country is willing to pay more for this good then the price goes up.


Can a profit be made on California property investments during a recession?

When the economy is slow, it is a good time to invest because it is common to be able to purchase properties at reduced rates. This is good for the investor, provider he/she can hold the properties until the market picks back up. It is not good for the seller, who is very often put into a short sale and even foreclosure. Selling for a profit in a slow economy is not possible. As the economy goes, so goes the real estate market. The recession is a good time to invest, not a good time to sell.


Is Peru's economy in good shape right now?

No Peru had good economy all the the way up to 2008. For 7 years they had good economy but then the economy went bad in 2008. I don't know that economy rate is right now. But it is not there best.


What does economy have to do with culture?

Economy goes with culture because if someone grows up in a command economy, it becomes part of their culture, because it was part of their life for a long time. If they move and the economy there is market economy, then they loose part of their culture.


How does beach erosion affect your economy?

it washes up the land and that is not good for the people, animals, and plants of the economy.


How does the price of copper affect Chile's economy?

When the price copper goes down, the Chile economy also goes down. The Chilean economy relies heavily on copper; almost 20% of its exports and GDP is based on copper, so when it goes down, the economy is effected as it goes down.


Is this a good time to open a flea market?

No. The economy is down, and in fact, this is actually a HORRIBLE time to open up a flea market or any kind of store. Right now, no one wants to just go out and spend money, so this would be a bad time. Wait until the economy goes back up.


Is it good or bad if your overall rating goes up in nba 2k12?

good


The free-market system has many advantages but there are also some drawbacks Which of the following is a negative feature of a free market economy?

Economic development is unpredictable and goes up and down.Economic development is unpredictable and goes up and down.

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