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Which economic indicator is measured by comparing the amount of goods or services produced with the amount of input that was used in production?
productivity
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What is the difference between subsistance production and surplus production?
the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
What economic figure should you reference If you want to analyze the total annual production of goods services and structures within a nation?
To analyze the total annual production of goods, services, and structures within a nation, you should reference the Gross Domestic Product (GDP). GDP measures the monetary value of all finished goods and services produced within a country's borders in a specific time period, typically annually. It serves as a comprehensive indicator of a nation's economic performance and overall economic health.
What growth production?
Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.
How do you place a value on money?
By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.
Which economic indicator is measured by comparing the amount of goods or services produced with the amount of input that was used in production?
productivity
Which person studies the production .distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What is the difference between subsistance production and surplus production?
the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
What economic figure should you reference If you want to analyze the total annual production of goods services and structures within a nation?
To analyze the total annual production of goods, services, and structures within a nation, you should reference the Gross Domestic Product (GDP). GDP measures the monetary value of all finished goods and services produced within a country's borders in a specific time period, typically annually. It serves as a comprehensive indicator of a nation's economic performance and overall economic health.
What growth production?
Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.
Producers can use a production possibilities frontier for what purposes?
A production possibilities frontier, or PPF, is a curve graph which shows combinations of two or more goods or services. The graph shows these goods or services being produced while using a maximum amount of resources.
What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
Explain how the production of services differs from the production of manufacturing goods give two example?
In the game of economics, which of the following players use goods and services?
What best explains the role that labor has in the production of goods and services?
Land,labor, and capital are all resources of production necessary to produce goods and services.
What do you call the amount of goods or services available to us?
The amount of available goods or services is called supply.
