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What else can I help you with?
If disposable income increases in a economy what can be true?
savings decrease
Who does economy involve?
Economy involves Production, Exchange, Distribution, and Consumption of Goods
How can one determine the level of autonomous consumption in an economy?
One can determine the level of autonomous consumption in an economy by analyzing the amount of spending that occurs regardless of changes in income or other factors. This can be calculated by looking at the baseline level of consumption that occurs even when income is zero, and then comparing it to the total consumption in the economy.
Contribution of industry to national economy?
The industry contributes to the national economy by creating things for consumption.
What determines consumption and investment in the long run model of economics?
the health of the economy institutional base of the economy
If disposable income increases in a economy what can be true?
savings decrease
What are the factors affecting demand for travel?
Disposable Income. income Economy uncertainty in economy inflation Climate
What is the definition of economies?
Economy is thrifty management; frugality in the expenditure or consumption of money, materials, etc. Economy is also the system of production and distribution and consumption.
Why balanced budget multiplier is equal to 1?
The balanced budget multiplier is equal to 1 because when the government increases spending and simultaneously raises taxes by the same amount, the net effect on aggregate demand remains unchanged. The increase in government spending directly boosts demand, while the tax increase reduces disposable income and consumption. However, the decrease in consumption does not fully offset the increase in spending, as the government spending injects the funds directly into the economy. Therefore, for every dollar spent, there is a one-to-one effect on overall economic output.
Who does economy involve?
Economy involves Production, Exchange, Distribution, and Consumption of Goods
How can one determine the level of autonomous consumption in an economy?
One can determine the level of autonomous consumption in an economy by analyzing the amount of spending that occurs regardless of changes in income or other factors. This can be calculated by looking at the baseline level of consumption that occurs even when income is zero, and then comparing it to the total consumption in the economy.
How does the prices of gas rising effect your economy?
less disposable income (or in my case, NONE)
What is the impact of the continued use of disposable diapers in North America?
The cost of disposable diapers is high, especially in today's economy. Disposable diapers also emit chemicals when discarded, causing further problems to the already fragile environment.
Contribution of industry to national economy?
The industry contributes to the national economy by creating things for consumption.
What determines consumption and investment in the long run model of economics?
the health of the economy institutional base of the economy
What determine the aggregate level of consumption in an economy?
Biscuit and cream biscuit
What economy is similar to command economy?
A planned economy is similar to a command economy, as both involve central authorities making decisions regarding production, distribution, and resource allocation. In a planned economy, the government or a central planning authority sets targets for production and consumption, while in a command economy, the government directly controls economic activities. Both systems prioritize collective or societal goals over individual preferences and rely on centralized planning to achieve economic objectives.
