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What was the main point of disagreement between keynes and hayek?
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What is point to point inflation?
Point inflation is the point at which the curve changes its shape with the fixed rate of change. Point to point is the distance between the changes.
If a firm is losing money in the short run its price is?
between the shut-down point and the break-even point.
Difference between arc and point elasticity?
1) Point elasticity is measured by the ratio of the lower segment of the curve below the given point to uppa segment the super part of the curve above the point. 2) Arc elasticity is measured by the use of mid point between the old & the new figures in the case of both prine and qualitiy demonded.
What is the relationship between indifference curve and budget constraint?
The tangency point of Indifference curve and budget line shows the Marginal Rate of Substitution between X and Y commodities. Consumer's equilibrium is achieved at that point.
What was an economic reason for the institution of serfdom?
The answer differs depending on political and economic thought. Austrian economist would point out Nobel prize winner Frederick Hayek's work The Road to Serfdom. The main reason is the threat of force from others. In exchange for some security people take on the oppression of the lord. The Ludwig von Mises Institute has many free articles on the subject of economics and the relationship it has with economics.
What was the biggest point of disagreement between the Northern states and the Southern states after the Civil War?
The biggest point of disagreement between the Northern and Southern states after the Civil War was secession. The Southern states did not accept the fact that secession goes against the constitution.
Was John Maynard Keynes a individualist?
He was in between communism (collectivism) and capitalism (individualism). he had settled on a point of middle ideological thinking.
What is difference between argument and option?
an argument is a disagreement between two people while an option is a preffered choice or point of view.
What does conflict resolution mean are they relate to human resource?
It is arbitration between two or more parties on a point of disagreement
What does initial point of contention mean?
The first point of disagreement or conflict. The first matter or idea that caused disagreement, conflict, or disharmony.
What is the core disagreement between liberalism and realism?
The question suggests that liberals are not realists. We could also post the question, "What is the core disagreement between conservatism and realism?" You can see the difficulty, the conflict, and WikiAnswers does not play favorites. Liberalist thinking is no more or less realistic than conservative thinking, and any point of view can be argued.
What is the reason that cause conflict between two people?
Conflicts between two people can be caused by a variety of reasons, including miscommunication, differing expectations or values, jealousy, competition, or unresolved past issues. These conflicts may arise when there is a lack of understanding, respect, or compromise between the parties involved.
What is a conflict with another person?
A conflict is a disagreement with another person. I imagine you have had a conflict with your mother at some point.
A second major point of disagreement the two is the defense of the farm what point of view does each have?
Farms are always good and it is best to have the best defense as possible.
How many miles to Milton keynes from Bristol?
The distance between the starting point and the destination is 108 mi, (175 km), and with reasonable traffic conditions it will take approximately 2 hours 30 minutes of driving time.
What do you do when you have a disagreement with your girlfriend about God?
There is no real point in discussing this, if you don't have the same beliefs it probably won;t work out anyway between you :( ... sorry but that's one of these things .. people just don't change their thoughts on this subject.
What was the initial disagreement between France and England on the League of Nations?
Early in the Allies discussions about the structure of the League of Nations, France and England had to resolve a major point of disagreement. What needed to be determined was whether the League should be a policeman or a conciliator.Being that the League lacked enforcement powers and had no machinery for collective security, the good will of all of its members had to be what tied the League together.
