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Price level.
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An index of average level of prices for all goods and services in the economy is the?
producer price index-e2020
What are the advantages of using prices to distribute economic products?
1. Prices in a competitive mart economy are neutral because they favor neither the producer nor the consumer. 2. Prices in a market economy are flexible. 3. Prices have no cost of administration. 4. Prices are something that we have known about all our lives. (All info was straight out of an eco. textbook)
What best describes a command economy?
A command economy is one where a central authority controls all economic activity, 'commanding' what products are produced, and what crops are grown, investment and prices etc.
All productive resources are government owned an controlled under what kind of economy?
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
What did David Ricardo believe in?
He assumed, among other things, that all wages and prices were flexible and that competitive markets existed throughout the economy.
An index of average level of prices for all goods and services in the economy is the?
producer price index-e2020
What is economy command?
Command Economy is all major decisions related to the e production, commodity and service prices are all made by the goverment.
What are the advantages of using prices to distribute economic products?
1. Prices in a competitive mart economy are neutral because they favor neither the producer nor the consumer. 2. Prices in a market economy are flexible. 3. Prices have no cost of administration. 4. Prices are something that we have known about all our lives. (All info was straight out of an eco. textbook)
What is the positive effects on your environment?
All of the economy could just be etter & gas prices go down.
What happened to prices for all paper and paperboard in 1995?
Average prices for all paper and paperboard rose a whopping 41 percent in 1995
What is an economy where government owns all production and industry?
Command Economy.
What is a national depression?
A depression, sometimes called a panic, is a serious economic slump in the economy of the nation. It affects all levels of the economy from local to state to nation. It is usually characterized by very high unemployment, low prices of consumer items, low wages, and loss of workers benefits.
Where can one fnd average British gas and electricity prices?
One may find the average British gas and electricity prices from the resources on the website UK Power. They also provide a comparison of all the different supplier's prices.
What is the average brake repair pricing?
The price of brake repair costs all depends on where you live. You can call around local shops and get prices and compare them to the other shops you called.
Why do airline flight prices change so often and mostly upwards?
Fuel costs. security costs. Insurance costs. labour costs. material costs. they all rise constantly. and since the so called "war on terror" the security and insurance companys have been making a fortune.
What are the strengths of GNP in your economy?
It basically shows how strong an economy is on average level, yet it doesn't consider all income classes but a total.
What is the average cost of a blackberry device?
Prices seem to run all across the board when it comes to average "retail" prices online. If you are interested in average costs of sold phones in the biggest online marketplace, you can check out http://berrysmartiphone.com
