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What problems were the classical economists too concerned with?
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∙ 15y ago
Scarce land
Wiki User
∙ 15y ago
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Why do economists use perfect competition if it is really too theoretical a model?
The economists still use perfect competition as a credible theory because it is what the market strives to achieve. Markets strive to let buyers and sellers trade without unfairly giving the advantage to one party.
Why would the president be so concerned about business practices?
Because the people are concerned about the business practices. And if the people are concerned about it, then the President should be too, otherwise he/she won't get reelected. Also, business drives the nations economy.
Why is economics central to an understanding problems of development?
I think because the development of a country depends upon economic factors and so you can only understand how a country is developing if you know about how the economic factors are and how the factors change. Many problems of development stem from a lack of money and economics is all about money so the two areas of developmentand economics are related. Problems of development are like not having enough money, which means too much poverty and high unemployment rates and these aspects of the problems are centralissues in economics and so economics teaches us about problems indevelopment and so we can better understand these problemsprincipally by looking at economic factors that define the problems. Its mainly money at the centre of economic problems or a lack of money and so it is effected largely by how money is distributed among people and for what purposes money uses which are central issues ineconomics. I suppose you can't understand unemployment as well as an economist understands unemployment because economists look at unemployment all the time and pay very close attention to it so economists are very good at understanding economic developmentproblems for this reason and probably other reasons. Furthermoreeconomics is a social science and is concerned with people and economic development problems also stem from people so these fields are related and understanding the one helps you better understand the other because you can build up a bigger picture.
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What is the responsible for inflation according to the demand-pull theory?
According demand-pull theory, what causes inflation is a strong demand and a lower supply. By having a greater demand, people pull prices up. Economists will often say that demand-pull inflation is a result of too many dollars chasing too few goods.
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I care deeply about campaign finance reform- apex
Which group was most likely to criticize 1950s society for being too consumerist?
Beats or Sociologists economists
Why were roman concerned about the growth of Christianity?
It's because they were pagans and they thought that Christianity was a blasphemy. They thought that if Christianity spred too much that it would cause problems in the empire.
Are modern parents too permissive where there children are concerned?
yes.
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Being too concerned what others think of you.
Why do economists use perfect competition if it is really too theoretical a model?
The economists still use perfect competition as a credible theory because it is what the market strives to achieve. Markets strive to let buyers and sellers trade without unfairly giving the advantage to one party.
What is difference between Classical planet and a dwarf planet?
Pluto is a Dwarf Planet because it is too small to be a Classical Planet. Dwarf Planets are much smaller than Classical Planets. If you look at a diagram of the solar system with Pluto in it, you will see that it is much smaller compared to the other Classical Planets.
Is olly murs a twin?
yes as far as i am concerned, he looks like him too!
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If you're concerned about it bring too small you can ask your doctor.
What are problems that alcoholics can cause in society?
the problems are that others are influenced too
Some economists say it takes too long for changes in taxes or government spending to be put in effect and when the changes do occur there is no strong evidence that they work?
true a+
Why would the president be so concerned about business practices?
Because the people are concerned about the business practices. And if the people are concerned about it, then the President should be too, otherwise he/she won't get reelected. Also, business drives the nations economy.
