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What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
If aggregate planned expenditure exceed real GDP, firms sell more than they planned to sell and end up with inventories being too low. vice versa if aggregate planned expenditure is less than real GDP, firms sell lessthan they planned to sell and end up with unplanned inventories.
withdrawals and injections are both a part of the circular flow of income. Injections are things that are providing finance or services into the economy for example exports. Withdrawals on the other hand are the things that are being taken out of the economy such as imports. If withdrawals are bigger then injections the country would be facing a deficit and negative economic growth. If withdrawals are less then injections then a country would be facing a budget surplus and economic growth.
Because if the factor price is increased, the producer will have less resources to make their product and will have less products to supply
Net exports will be positive and will add to the calculation of GDP.
Get them in the bottom, where they hurt less and you can't see what is happening.
Indirect injection (IDI) produces less noise.
It is more easily absorbed and less painful in the larger muscle's of your rear end.
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
they are getting less and less.
Usually Costs less Planned activity can be started almost frequently
If you are referring to injections of medicine/immunizations, they are indeed legal. In fact, if the volume of medication is large and could cause intense pain in your shoulder or leg muscles, the buttocks is an excellent place as it has extra room for those larger injections with less pain. The injection must be administered intra-muscularly to be effective, but this is a common practice.
North Korea is the most centrally planned economy in the world. Most others allow for *some* degree of private trade. Some other less centrally planned economies are: - China - Russia - Cuba
People with diabeties release less inslulin, which means they have to have insulin injections to increase the level of it. :-) x
Usually Costs less Planned activity can be started almost frequently
Allergic patients who receive small controlled injections of specific allergens are undergoing a process to make their bodies less reactive to the allergens they are being injected with. This is a form of therapy.
If aggregate planned expenditure exceed real GDP, firms sell more than they planned to sell and end up with inventories being too low. vice versa if aggregate planned expenditure is less than real GDP, firms sell lessthan they planned to sell and end up with unplanned inventories.