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Equilibrium is not possible in a dynamic economy because the economy is constantly changing and evolving. Factors such as technological advancements, shifts in consumer preferences, and changes in government policies can all impact the economy and prevent it from reaching a stable equilibrium. This constant state of flux makes it difficult for the economy to settle into a state of balance.

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Related Questions

What are the different type of equilivery?

There are three main types of equilibriums in economics: static equilibrium, dynamic equilibrium, and general equilibrium. Static equilibrium refers to a state where there is no tendency for change at a particular point in time. Dynamic equilibrium involves continuous adjustments to maintain stability over time. General equilibrium considers the interrelationships between markets in an entire economy to achieve overall equilibrium.


What is dynamic equilibrium importance?

Dynamic equilibrium is important because it indicates that a reaction has stabilized.


Which of the following is true of receptors for dynamic equilibrium?

The receptors for dynamic equilibrium respond to rotation forces.


What are the two types of equilibrium and how are they different?

The two types of equilibrium are static equilibrium and dynamic equilibrium. Static equilibrium is when an object is at rest, while dynamic equilibrium is when an object is moving at a constant velocity with no acceleration. Static equilibrium involves balanced forces in all directions, while dynamic equilibrium involves balanced forces with movement.


Is the ampulla involved in static equilibrium?

No. It's dynamic equilibrium


A dynamic balance in which the rate of the forward process equals the rate of the reverse process is known as?

Dynamic equilibrium.


What is the Difference between static equilibrium's and dynamic equilibrium?

Static equilibrium refers to a system at rest where all forces are balanced, while dynamic equilibrium refers to a system in motion where the rate of change is constant. In static equilibrium, objects are stationary, while in dynamic equilibrium, objects are moving at a constant speed and direction.


How do you spell dynamic equilibrium?

That is the correct spelling of "dynamic equilibrium" (state of balanced gain and loss resulting in no net change).


The maintenance of equilibrium while stationary or moving is termed?

Static equilibrium and dynamic equilibrium, respectively.


What is Dynamic equilibrium?

Dynamic equilibrium is a state in which forward and reverse reactions occur at the same rate, maintaining a constant concentration of reactants and products. While the concentrations remain constant, the reactions continue to occur, leading to a dynamic balance.


Equilibrium and economies scale in market economy?

Equilibrium and economies scale in market economy


Why is equiibrium referred to as dynamic?

Equilibrium is referred to as dynamic because in a system at equilibrium, the forward and reverse reactions are occurring at the same rate. This means that while it appears that there is no net change in the concentrations of reactants and products, molecules are constantly being converted back and forth between the two states.