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The gross domestic product (GDP) is increasing at the same rate as the economy. To economists this change in the GDP is considered a?
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What is a domestic-economy?
What is a domestic economy?
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 free entry and exit refer to?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
What do economists use to determine if an economy is healthy or if it is in a recession or depression?
GDP
Economists generally assume that?
Economists generally assume that the economy will behave in an understandable way.
What is a domestic-economy?
What is a domestic economy?
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 do free entry and exit?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
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 free entry and exit refer do?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
What do free entry and exit refer to?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
What do economists use to determine if an economy is healthy or if it is in a recession or depression?
GDP
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
Why do economists describe the us economy as a mixed market economy?
Citizens have economic freedoms with some government regulation
