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What country would most decisions about what is going to be produced be made by the consumer?
Wiki User
∙ 11y ago
The United States.
Wiki User
∙ 11y ago
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Which country would most decisions about what is going to be produced be made by the consumer?
The United States.
What four basic decisions does the economic system help us make?
1. What goods and services should be produced.2. How goods and services should be produced.3. Who should have the goods and services produced and how much is the cost.4. How much of these goods and services should be produced.
What is the US Consumer Price Index?
The consumer price index is built upon a random sampling of a country's citizens to gauge the overall mood of consumers in the country's economy. Interest rates are partly determined by the results of the CCI. The random sample group is polled on their present income and the confidence that their income is going to increase in the near future.
What is the nature of opportunity cost?
In economics, the opportunity cost is the next best alternative forgone in a decision. The next best alternative is determined by the values of the consumer making the decision.For example: a consumer must to choose between going to the beach, going to the cinema, or staying at home for the day (they can only do one of these for the day). The consumer values the options in this order (from most-desired to least-desired): 1) going to the beach, 2) going to the cinema, 3) staying at home. If the consumer decides to go to the beach, the opportunity cost is going to the cinema, as this is the next best alternative for the consumer. Staying at home is not the opportunity cost, as it is not the next best alternative.There is only one opportunity cost in a decision; this is the next best alternative. All other less-desirable alternatives are not considered opportunity costs in a decision.
What keeps business cycle going?
Investment, interest rate and credit, consumer expectations, external shock
Which country would most decisions about what is going to be produced be made by the consumer?
The United States.
Why were the decisions made at the healing circle important to Cole in touching spirit bear?
the decisions made out how his life was going to be, and how he was going to change it
What are the components of country analysis Why is country analysis considered a vital diagnostic tool by companies going global?
When analyzing a country, you will see all the aspects of it. You can see the economy, the leadership, what is being produced, and how people are living in the country.
How made decisions in democracy?
By going poo
What four basic decisions does the economic system help us make?
1. What goods and services should be produced.2. How goods and services should be produced.3. Who should have the goods and services produced and how much is the cost.4. How much of these goods and services should be produced.
What is reason why are young people important to every country?
they ARE the future of the country! they will be the ones (when the time comes, ruling, making decisions, working and keeping the economy going until the next 'batch' of young people replace them...rinse and repeat.
What is the US Consumer Price Index?
The consumer price index is built upon a random sampling of a country's citizens to gauge the overall mood of consumers in the country's economy. Interest rates are partly determined by the results of the CCI. The random sample group is polled on their present income and the confidence that their income is going to increase in the near future.
What Is Call Of Duty 2015 going to be?
A consumer product.
Are they going to stop making Chrysler minivans?
The 2015 Chrysler Town and Country is still scheduled to be produced as a minvan. The Dodge Caravan will be more of a crossover than a minivan.
Is there going to be a Lego movie produced by Disney?
No
What is Deana Carter famous for?
Deana Carter is famous for her Country music. She has acquired 3 number one singles in the US and has produced 8 albums throughout her on-going career.
When was Going Up the Country created?
Going Up the Country was created in 1968.
