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When a economy is at full employment the production possibilites frontier illustrates which principle of economics?
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What is the study of economics involves?
economics mainly deals with the production ,consumption,income, employment etc . thus we can say economics is the study of all economic activities say for from production to consumption.or it is study of business of life...........
Economics is about the allocation of resources for the production and distribution of goods?
Economics is about the allocation of resources for the production and distribution of goods and ___________.
What are three broad categories of economics indicators?
Three broad categories of economic indicators are: Total Output, Income, and Spending, Employment, Unemployment, and Wages, and Production and Business Activity.
Who studies in production distribution and consumption?
economics
What are some economics problem?
Economic problems relate to production of goods and services for consumptions with the scarcity of resources and the choices with the allocation of the available resources for production.The modern theory looks into the problem of level of income and employment,investment,savings,production and consumption including exports.
What is the study of economics involves?
economics mainly deals with the production ,consumption,income, employment etc . thus we can say economics is the study of all economic activities say for from production to consumption.or it is study of business of life...........
What is the difference between full employment and full production-in economics?
Full employment is using all available resources, priod. Full production is using those resources to their maximum potential.
What has the author Eugen Berkovits written?
Eugen Berkovits has written: 'The key to full employment without regimentation' -- subject(s): Economic policy, Unemployed 'The mechanics of full production and full employment' -- subject(s): Economic policy, Economics
Economics is about the allocation of resources for the production and distribution of goods?
Economics is about the allocation of resources for the production and distribution of goods and ___________.
What are three broad categories of economics indicators?
Three broad categories of economic indicators are: Total Output, Income, and Spending, Employment, Unemployment, and Wages, and Production and Business Activity.
What question would have the answer economics?
What is the study of production, consumption, and transfer of wealth? The answer would be economics.
Who studies in production distribution and consumption?
economics
What are some economics problem?
Economic problems relate to production of goods and services for consumptions with the scarcity of resources and the choices with the allocation of the available resources for production.The modern theory looks into the problem of level of income and employment,investment,savings,production and consumption including exports.
What is pcc in economics?
An economic model that illustrates full output and opportunity cost for a nation using all of its resources.
What Best describes the goal of economics efficiency?
achieving full employment
What is a slump in regards to economics?
it is a period of low output and low employment
What is the relationship of economics and socialscience?
Economics is the ssc that analyzes the production, distribution and consumption of goods and services.
