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What is a difference between macro economics amd micro economics with respect to inflation?
Macro economics is the study of an economy and how it functions. Inflation in a macro sense reduces the value of money (and hence all debt and savings) and can cause a country to be less pricecompetitive if it's persistent. It also nullifies the market mechanism that allows people to know a good price off the top of their heads.
Micro economics is the study of markets. Inflation isn't a micro concept, but with high inflation in certain markets firms can seek alternatives to the material causing the inflation causing dynamic efficiency (where a firm innovates and benefit the consumer). Inflation also reduces information in a micro economy. As said before people don't intuitively know a good price when an economy is in high inflation meaning that more expensive products can often break into the market.
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What is the difference between macroeconomics amd microeconomics with respect to inflation?
MICROECONOMICS- this deals with any individual segment of economy. MACROECONOMICS- this deals with the whole economy.
What does economics geographic studies?
Economic geography studies economics with respect to geography.
What is necessary and sufficient condition in respect to mathematics and economics?
what a sufficent condition that shows a equation does not represent a linear function
Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
What is the similarity between a Hindu clergyman and a beggar?
Both are spiritual healers. One does directly, the other indirectly.Both claim donations. Hindu clergyman claims with Ejjat, beggar with disrespect?P.S. - Please also see: What is the difference between Ejjat and respect?
What is the difference between macroeconomics amd microeconomics with respect to inflation?
MICROECONOMICS- this deals with any individual segment of economy. MACROECONOMICS- this deals with the whole economy.
What does economics geographic studies?
Economic geography studies economics with respect to geography.
What is the meaning of respect begets respect?
it means that respect others and you will gain respect back. P.S. - Please also see: what is the difference between Ejjat and respect?respect vs ego
What is the difference between respect and obedience?
There is a big difference between respect and obedience. Obedience means that a person follows the orders given to them, often out of fear. Respect means that a person is willing to follow orders because they care about the person giving them, and they want to be helpful and reciprocate that good energy.
What the difference between AC and DC?
AC rises with respect to time but DC is steady.
What is the Difference between Impact Factor and Index Copernicus Value?
HE DIED yesterday have some respect
What is the difference between difference and deference?
Obviously, since you asked the difference between two words, you know the definition of the first. deference means: 1. respect: polite respect, especially putting another person's interests first 2. submission: submission to the judgment, opinion, or wishes of another person
What does geographers study?
Economic geography studies Economics with respect to geography.
What is the difference between respect and consideration?
respect is where you like them as they are and respect their opinions and choices consideration is where you think about something for example: if two people went for the same job he would consider the best application.
What is the difference between respectable and respectful?
Respectable is being of positive character yourself, someone who others would respect. Respectful means you treat others with respect.
What are the differences between voltage and potential difference?
Voltage is the potential difference to the ground. By convention, ground potential is zero volt.The above answer is incorrect. 'Voltage', by definition, is potential difference. It has nothing to do with being measured with respect to ground -in fact potential difference (voltage) cannot be measured with respect to anything.
What is the difference between love and respect?
respect means you just be polite.BUT love that's a different thing love means you be polite AND........ you have strong feelings for this woman/man
