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haw the amount of output an economy produces can be determinis?
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∙ 12y ago
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What determines the amount of output an economy produces?
The factors of production and the production technology determine the economy's output of goods and services. An increase in one of the factors of productionor a technological advance raises output.
What is equilibrium output?
It is the output of an economy that equates aggregate supply with aggregate demand.
Why an economy's income must be equal to its output?
Because output generates income.
What is the economy in which the interaction of supply and demand determines price and output?
Market Economy
When the government attempts to improve equity in an economy the result is often?
an increase in overall output in the economy
The level of output the economy can produce in the long run is referred to as?
haw the amount of output in economy produces can be detreminis?
What determines the amount of output an economy produces?
The factors of production and the production technology determine the economy's output of goods and services. An increase in one of the factors of productionor a technological advance raises output.
What is equilibrium output?
It is the output of an economy that equates aggregate supply with aggregate demand.
Why an economy's income must be equal to its output?
Because output generates income.
What is the economy in which the interaction of supply and demand determines price and output?
Market Economy
What are the functions output device?
Output device is simply a device which produces an output or result of any processing. For example: monitor is an output device which displays the output of the calculations done by the CPU.
When an economy achieves the output of goods and services most desired by its citizens it is said to have?
When an economy achieves the output of goods and services most desired by its citizens, it is said tohave
When the government attempts to improve equity in an economy the result is often?
an increase in overall output in the economy
What are the advantages of computer output device?
it produces a hardcopy and softycopy of results
Which vehicle produces the greatest torque output?
Ford F-450
What city produces 25 percent of Canadas manufacturing output?
Quebec
What is an electronic device that produces video output on a computer called?
Skype.
