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In his economic system Adam Smith believed that the basic economic question should be answered by whom?
Market
Mixed-market economic system who determines what products should be produced and how they should be produced?
Producers. A+
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
What is the market economy?
Economic desicions and the pricing of goods and services are guided soley. Even Market Economy is considered the closest to the Capitalism in reality in modern days economies the market demand-to-supply balance is not a main priority of neither of developed economies because there are too many different factors that influence the usage of economic instruments such as ideologies of the trickle-down self-adjusting dialectic methods of economics or socialistic large governmental involvement in economics, so even when economic indicators showed need for business laws and regulations, or monetary expansion, or accelerated fiscal policies to maintain this (demand-to-supply) balance in many cases these economic instruments are inefficiently used or not used; thus if Market Economy is to be supported by Market Economics as it should be the instruments of economics should be adequately used based on demand-to-supply fluctuations. quantum economics-market economics-philosophy of the economy
True or false The distribution of income should be left to the market is an example of a positive economic statemente?
True
What kind of experience should I have to be a marketing consultant?
for an marketing consultant , you should have the experience of the market , buisiness , and also the current marketing and the job availabe in the market.
How much further will stocks fall in the current market downturn?
It is difficult to predict exactly how much further stocks will fall in the current market downturn, as it depends on various factors such as economic conditions, investor sentiment, and government policies. Investors should be prepared for potential fluctuations in the market and consider diversifying their portfolios to manage risk.
In his economic system Adam Smith believed that the basic economic question should be answered by whom?
Market
Mixed-market economic system who determines what products should be produced and how they should be produced?
Producers. A+
Is real estate considered a high-risk investment?
Real estate can be considered a high-risk investment due to factors like market fluctuations, economic conditions, and potential for unexpected expenses. Investors should carefully assess risks before investing in real estate.
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
What should I do if I experience a partial brown out in my house?
If you experience a partial brownout in your house, you should unplug sensitive electronic devices to prevent damage from power fluctuations. Contact your electricity provider to report the issue and seek assistance if needed.
What is the market economy?
Economic desicions and the pricing of goods and services are guided soley. Even Market Economy is considered the closest to the Capitalism in reality in modern days economies the market demand-to-supply balance is not a main priority of neither of developed economies because there are too many different factors that influence the usage of economic instruments such as ideologies of the trickle-down self-adjusting dialectic methods of economics or socialistic large governmental involvement in economics, so even when economic indicators showed need for business laws and regulations, or monetary expansion, or accelerated fiscal policies to maintain this (demand-to-supply) balance in many cases these economic instruments are inefficiently used or not used; thus if Market Economy is to be supported by Market Economics as it should be the instruments of economics should be adequately used based on demand-to-supply fluctuations. quantum economics-market economics-philosophy of the economy
What are the basic economic question?
Basic economic questions would include the following: What works better, a centrally planned economy or a free market economy, or some mixture of the two? If you use a mixture, which economic model should predominate? Which works better, money or barter? If you use money, should it be Fiat currency or should it be backed by precious metals? Is globalization good or bad? How can nations protect themselves from the competition of other nations that have lower standards of living, less economic regulation, and therefore cheaper labor? How can an ever-expanding population continue to create new economic opportunity in a world which is of a fixed size? What do we do when Natural Resources run out? How can we prevent destructive economic fluctuations such as recessions and depressions?
Should I buy stock before the market opens?
Deciding to buy stock before the market opens can be risky as there may be significant price fluctuations at the opening bell. It is recommended to carefully research the stock and market conditions before making any investment decisions.
True or false The distribution of income should be left to the market is an example of a positive economic statemente?
True
The theory that government should not interfere in economic affairs is known as a?
Capitalism or Libertarian ( they are not the same thing)
