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Taxes, government transfers, and government spending.
As GDP (gross domestic product) increases or decreases, these stabilizers do the same. For example, if the economy is in a recession, as people earn less, they pay less in taxes, and the government pays more unemployment, which is a government transfer.
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What type of economy answers the three basic economic questions?
3 types of economic system
3 basic economic questions?
what to produce? How to produce it? How much it will cost?
What are the three economic questions that economic systems must answer?
The 3 basic questions in economics are: What to produce? How to produce? For whom to produce?
Which economy answers the 3 basic economic questions with the phrase do as you have always done?
hgh
Basic economic problem will not be solved by?
which one of the following is not one of the basic economic question
What type of economy answers the three basic economic questions?
3 types of economic system
3 basic economic questions?
what to produce? How to produce it? How much it will cost?
What are the three economic questions that economic systems must answer?
The 3 basic questions in economics are: What to produce? How to produce? For whom to produce?
What is the difference between a basic and an emulsified vinaigrette?
They both share the same basic ratio 3 parts oil to 1 part acid. But a basic vinaigrette is a temporary emulsion, while an emulsified vinaigrette is stable. This happens with the addition of stabilizers such as egg, mustard, garlic, fruit orvegetablepuree or glaces.
Which economy answers the 3 basic economic questions with the phrase do as you have always done?
hgh
Basic economic problem will not be solved by?
which one of the following is not one of the basic economic question
Who answers the 3 basic economic questions in a market economy?
by the interaction of buyers and sellers in a marketplace.
What are the 3 basic economic system models?
The 3 basic economic system models are mixed economy, command economy, and free-market economy. In a mixed economy recourse are owned publicly and privately while in a command economy resources are owned by the government.
What are the solutions for basic economic problems?
what are the basic economic problems facing nigeria and their possible solutions
What are the three economic problem that all economies face because ofthe basic economic problem?
The basic economic problem which is Scarcity give rise to 3 fundamental problems. 1) What to produce (Type & how many) 2) How to produce (Methods of production) 3) Whom to produce for (Not for everyone will get the good) Because of limited resources.
What is the difference between a vinaigrette and a emulsified vinaigrette?
They both share the same basic ratio 3 parts oil to 1 part acid. But a basic vinaigrette is a temporary emulsion, while an emulsified vinaigrette is stable. This happens with the addition of stabilizers such as egg, mustard, garlic, fruit orvegetablepuree or glaces.
What are the 3 basic economic questions all societies must answer?
1. What to produce? 2. How to produce? 3. For whom to produce?
