economists prefer to compare real gdp figures for different years instead of comparing nominal gdp figures. why?
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.
becausIn mercantilism, the government decides pricing instead of the consumer.e it is
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.
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.
Economics aims to be a positive science since, by definition, science is a positive enterprise. Normative evaluation necessarily implies valuation of specific types of outcomes over others, which would invalidate typical economic analysis by defending theory by using philosophy, especially ethics, instead of mathematics, statistics, and logic. While normative evaluation is important in the application of economics, especially in the field of social welfare, it is considered taboo by economists to establish economic theory, rationally or empirically, on normative science.
Dont be lazy. Instead of having someone else do something for you. Work.
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.
Compare with
Use %RSD when comparing the deviation for popolations with different means. Use SD to compare data with the same mean.
It is difficult because countries collect data in different ways and some countries collect data on expenditures instead of incomes.
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.
No, by the time of Tutankhamun, figures of slaves instead of real slaves were buried with kings.
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.
Read the book instead of relying on wiki answers.
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.
It's more easier to understand the measurements that is given. Instead of those crazy, hard- to- look- at equation, the significant figures make it more practical and easier to understand.
Decisions are made by the people instead of representatives.