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What did classical economists assume about the flexibility of prices wages and interest rates?
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Economists normally assume that the goal of a firm is to?
yh
What do economists assume the principal motivation of producers are?
Profit.
How is property created?
How property is created is a matter of debate in political philosophy and contract theory in economics. Generally, most economists assume that property is a matter of contract, by which property belongs to a party based on agreements between different economic actors.
Assume the US economy is in short-run equilibrium with a price level of 150 and output of 6 billion The money m What is the impact of the Federal Reserve's policy on the equilibrium interest rate?
It Falls
How did the Marxist school of economic theory challenge the Classical theories?
for classical theories look up thomas malthus ... Also, classical theories say there is an "invisible hand" that guides the economy back to equilibrium. Marx said that the economy should be controlled, thus making to go to equilibrium when you want it to. Only problem is equilibrium isn't a definite spot and depends on market demand and supply. But when the market is controlled these things get trickier. I have only studied oligopoly, monopoly, perfect competition, and competitive monopoly. I would assume that a command economy would be the Monopoly, which determines the price by how much they are willing to supply that is over the marginal cost.
Economists generally assume that?
Economists generally assume that the economy will behave in an understandable way.
Economists normally assume that the goal of a firm is to?
yh
What do economists assume the principal motivation of producers are?
Profit.
How does change in interest rate effect investment demand and GDP?
Generally we assume the real interest rate, r, to be negatively correlated with investment, I. Thus in the national income model, Y=C+I+G, we can assume an increase in r will lead to contraction in the economy.
How did Dr Roylott get his interest in and knowledge of snakes?
Dr Roylott had spent a lot of time practicing medicine in India, which is where we assume he discovered his interest in poisonous snakes.
What can you assume about Great society at the time the Odyssey was composed and its interest in and knowledge of the world around them?
Greeks were aware of, traveled to, and had an interest in other lands beyond Greece's borders.
What can you assume about Greek society at the time the Odyssey was composed and its interest in and knowledge of the world around them?
Greeks were aware of, traveled to, and had an interest in other lands beyond Greece's borders.
What is the future value of 1200 a year for 40 years at 8 percent interest?
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
Why your man has more interest in your child and not you?
Find out more about his background in case the interest in not entirely innocent. You would assume he wants sex from one of you. Make sure it's the right one he's after.
Ryan was 8 when his parents invested 4000 in a certificate of deposit that pays 6 percent If Ryan leaves the account alone until the investment doubles how old will he be Assume that the interest?
20, assuming annual compound interest, 24 if simple interest.
How is property created?
How property is created is a matter of debate in political philosophy and contract theory in economics. Generally, most economists assume that property is a matter of contract, by which property belongs to a party based on agreements between different economic actors.
What is the genre of music of the song Sinnerman by Alvin Ailey Revelations?
I would assume classical/ gospel area... Haven't heard that one in a while to give you the exact genre though
