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What are the advantages and disadvantages of a free economy?
Advantages: Competition > profit > innovation. Disadvantages: higher costs for consumers there are losers risk for an entrepreneur
Is it microeconomics or macroeconomics the effect of higher income taxes on total amount of consumer spending?
microeconomics
What are the advantages and disadvantages of semi intensive system of farming?
it requires low investment and higher returns.
Which influence on spending deals with the motivation to purchase a product?
the price of the product and the willingness of the consumer to purchase the product impact the demand of the product by the consumer. lower the price, higher will be the demand and higher is the motivation level to buy the good.
What happens to consumer spending and saving when employment falls and rises?
When employment falls, consumer spending typically decreases as individuals face uncertainty and reduced income, leading to increased saving as they prepare for potential financial hardships. Conversely, when employment rises, consumer confidence improves, resulting in higher spending as people feel more secure in their jobs and financial situations, often leading to a decrease in saving rates as they are more willing to invest in goods and services. Overall, employment levels directly influence consumer behavior regarding spending and saving.
What are the advantages and disadvantages of a free economy?
Advantages: Competition > profit > innovation. Disadvantages: higher costs for consumers there are losers risk for an entrepreneur
According to the demand-pull theory, inflation is caused by:?
higher consumer spending
What are the Advantages and disadvantages of buy American policy?
Advantage: Secure U.S. domestic industries, employment, and even economy. Disadvantage: Consumer probably have to pay higher price without competition.
What are the advantages and disadvantages of a Buy-American policy?
Advantage: Secure U.S. domestic industries, employment, and even economy. Disadvantage: Consumer probably have to pay higher price without competition.
What are the advantages and disadvantage of science and technology?
Advantages: Higher standard of living. Disadvantages: Unbalancing of natural order.
What are the advantages and disadvantages of an industrial policy?
Advantages are that there is more employment, less failure with global economy and less transportation costs. Disadvantages are that there are unemployment internationally, and higher prices.
What are Advantages and disadvantages of Russia in size and location?
Advantages : Popualtion Can Spread. Less Defoerstation. Potentail for more natural resources. Disadvantages : Higher taxes. Weak Borders
What are the advantages and disadvantages of online-shop?
Higher chance of financial theft (apex)
Is it microeconomics or macroeconomics the effect of higher income taxes on total amount of consumer spending?
microeconomics
Advantages and disadvantages of companies going global?
advantages: increased sales, higher profits, new knowledge and experience Disadvantages: language barrier, additional costs, changed mindset
Advantages and disadvantages of fair trade?
There are a number of advantages and disadvantages to the fair trade system. Advantages include fair wages, a higher profit, and safer working conditions. Disadvantages of fair trade include the cost of certification and the favoring of co-ops over individuals.
What are the advantages and disadvantages of semi intensive system of farming?
it requires low investment and higher returns.
