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supply and demand

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Melvina Boyle

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Q: What are The two words economists use most often are?
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What are two types of trade protection that economist do support?

two types of trade protection that economists


What are two reasons why economists have a reputation for giving conflicting advice to policymakers?

Economists often give conflicting advice to policy makers for two basic reasons: 1) economists may disagree about the validity of alternative positive theories about how the world works and/or 2) economists may have different values and therefore different normative views about what policy should try to accomplish


Why don't economists agree on the same solutions to economic problems?

There are two main reasons that economists disagree when giving opinions to solve economic problems. Here are prime examples: * Economists do not come to the same conclusions when determining the validity of alternative assumptions of how the world's economy operates. With that said, their views of the sensitivity and impact of household savings to the resulting changes in the after tax return to saving; and * Economists work from different values. ( the prime example here is how an economist in the former USSR had different values than one in the United States) The two economists have different views about what policy should try to accomplish. So, they can have a fundamental differences of whether taxes should be raised for the redistribution of income.


What categories do economists use to classify economic resources?

Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)


How do the features of perfect competition and monopoly affect the outcomes of the market?

Economists use two sets of concepts to answer questions. First they apply efficiency concepts such as productive efficiency. Then they ask how perfect competition and monopoly affect the consumer.

Related questions

What are the two words most often used by economists are?

supply and demand


The two words most often used by economists are?

Supply and demand.


What two words have the most letters in them?

What two words have the most letters in them?


What are two types of trade protection that economist do support?

two types of trade protection that economists


What are the two words that are most often used for the scientific naming of animals?

Genera and species.These are the most specific categories. For Instance: for humans, the Genera and species are Homo sapiens.


Is skill set two words or one?

It can usually be written as either one word or two. The Merriam-Webster Dictionary lists it as "skillset," but the Oxford Dictionary lists it as "skill set." However, it's most often written as two words.


Is homeowner one word or two?

Homeowner can be either one or two words, but most often today, it is written as one word: "homeowner." Most compound words started off as two separate words. Over time, some (not all) became one word.


How do you spell a lot?

The phrase is spelled as two words "a lot" (many, or often).two words. a lot.It should be spelled as two separate words - a lot.No, the correct spelling is "a lot". It is two separate words.


Is hipbone both one or two words?

It is most commonly two words.


Is newsroom one or two words?

its most definitely two words


Is businessmen one word or two words?

Businessmen is often written as one word. It can be two words or even hyphenated


How do you spell medician?

The two often-synonymous words are medicine and medication.