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The price of natural gas rose 4.8 percent in the January 1997 consumer price index the biggest one month rise since record keeping began in 1952?
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∙ 15y ago
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∙ 15y ago
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What The Square Deal is?
The Square Deal was President Theodore Roosevelt's domestic program. He explained in 1910: ... Roosevelt reflected three basic goals: conservation of natural resources, control of corporations, and consumer protection.
Does economic growth overcome scarcity?
Yes and No. Yes: From the consumer perspective, when the economy growth speeds up, their purchasing power increases, thus they can afford to buy a plentiful amount of goods. During this time of growth consumers are not worried about the store running out of goods because they can't see the limits. No: The Faster the economy grows, the faster we deplete our natural resources, thus making the natural resources even more scarce over time. The consumer isn't aware of any resource limits, so the only way to communicate to the consumer that the materials needed to manufacture a good is becoming scarce is by raising the price of the good. By raising the price of goods consumers lose purchasing power, thus a lot less goods are allocated per consumer balancing out scarcity and allocation.
The natural forces of supply and demand?
The biggest force of supply and demand relates to price if there is a low supply and and a high demand , the supply goes to those that are willing to pay the most.
Is an electricity company an example of monopoly?
Yes, it is more beneficial for the economy to have utilities as a monopoly, although they are considered as a 'natural' monopoly. Governments can nationalise the utility in order to maximise social welfare rather than maximise profit, this will keep prices low, keep output high and increase consumer surplus and consumer choice. Your welcome
What are the main economic activities for Louisiana?
Louisiana is know for making oil most likely. Check out the links below:
What are the release dates for Natural Born Killers - 2009 Keeping It Together 4-4?
Natural Born Killers - 2009 Keeping It Together 4-4 was released on: USA: 23 January 2012
How did European imperialism in Africa and Asia differ from one another?
Europeans sought economic gain from natural resources in Africa and consumer markets in Asia.
What is Nigeria's biggest natural resource?
OIL
What is the biggest natural resource in the US?
Its people.
What is the world's biggest natural thing?
earrings
Which is the biggest natural gas company from Georgia?
The biggest natural gas company that is located in the state of Georgia is Constellation, currently a leading supplier of natural gas in the state since it was founded in 1994.
What is the biggest source of natural light?
The biggest light source is obviously the bright and shiny sun
What is the biggest industry in Chile?
Oil and natural gas.
How can you use natural resource in a sentence?
The biggest natural resource in the country was timber. The natural resource to use in that situation was coal.
Which is the biggest natural satellite?
Jupiter's moon, Ganymede, is the largest natural satellite in our Solar System.
What is the mental impact on the keeping of animals in zoos?
They will loose their natural behaviour.
What are the biggest lakes in South Africa?
The Biggest Dam is the Vaal Dam but i'm not sure about the biggest lake. Lake = natural Dam = man made
