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How did the great depression affect economists beliefs about the macroeconomy?
Instead of assuming that the macroeconomy would automatically recover from a recession, economists began to consider the possibility that modern market economies could fall into prolonged contractions and that government assistance would be necessary to pull them out.
How is mercantilism different than a market economy?
becausIn mercantilism, the government decides pricing instead of the consumer.e it is
Why do financial professionals use basis points instead of percentages in their calculations?
Financial professionals use basis points instead of percentages in their calculations because basis points provide a more precise and standardized way to measure and communicate small changes in interest rates or investment returns. One basis point is equal to 0.01, making it easier to compare and analyze data accurately.
How can division of labor an specialization increase productivity?
Labor specialization is what economists called division of labor. This is the practice of breaking up a big job, like building an automobile, into smaller jobs. Once the details of each small task are worked out, the tasks are assigned to individual workers. This way, instead of have to learn how to build an entire car, each worker only has to learn his or her task, which increases productivity.
Is Disney an oligopoly?
Disney is not an oligopoly. An oligopoly is a small number of firms who work together to sell a homogeneous or differentiated product. It is instead an industry that has many outputs of different products.
Compare an contrast different types of democracies with different types of dictatorships?
Dont be lazy. Instead of having someone else do something for you. Work.
The use of figures instead of words in sentences?
If one chooses to use figures instead of words in a sentence/paragraph one must be consistent. That is use ONLY figures or ONLY words and do not mix them both.
What can you use instead of the phrase liken to?
Compare with
When do you use the relative standard deviation instead of standard deviation?
Use %RSD when comparing the deviation for popolations with different means. Use SD to compare data with the same mean.
Why is it difficult to compare household income distribution among countries?
It is difficult because countries collect data in different ways and some countries collect data on expenditures instead of incomes.
How did the great depression affect economists beliefs about the macroeconomy?
Instead of assuming that the macroeconomy would automatically recover from a recession, economists began to consider the possibility that modern market economies could fall into prolonged contractions and that government assistance would be necessary to pull them out.
Was Tutankhamun buried with slaves?
No, by the time of Tutankhamun, figures of slaves instead of real slaves were buried with kings.
How well does an Albus Forearm Flexor compare to a regular gripper with springs?
The Albus Forearm Flexor works the forearms and wrists instead of just the wrists.However it has a steel spring,but it looks different because it functions differently.
What animal did James compare Helen Keller to?
Read the book instead of relying on wiki answers.
How do you compare yourself to other applicants?
It is difficult to compare yourself to other applicants if you do not know their skill sets, experiences, and expertise. Instead, you should focus on your attributes and reiterate them to the interviewer.
How does the decision making process in a direct democracy compare with a representative democracy?
Decisions are made by the people instead of representatives.
How does the respiratory system of a fish compare with that of a human?
Most fish use gills for gas exchange instead of lungs
