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🏦 Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

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Q: What is true of the majority of the worlds countries today
2 answers
Q: Not included in Yelstin's economic shock-therapy program
1 answer
Q: What is fractional reserve banking
1 answer
Q: What is the effect of globalisation on industrial sector
2 answers
Q: Which of these conditions can be caused by a trade deficit
1 answer
Q: What does someone using fundamentals analysis look at when analyzing a particular stock
1 answer
Q: Which of these represents a market economic system
1 answer
Q: How the Federal Reserve can influence the federal funds interest rate
1 answer
Q: One of the causes of the growing US trade deficit was
1 answer
Q: What occurs when the US buys more products from other countries than it sells
1 answer
Q: How is the profit motive the driving force behing the American economy
2 answers
Q: What best describes the economy of Africa
2 answers
Q: When one country can produce a product more cheaply than another country can this is called
1 answer
Q: What country has an economy based mostly on the production and sale of energy
1 answer
Q: What is an example that displays the law of supply
1 answer
Q: What groups of players make all the economic decisioins in a free-market system
1 answer
Q: What does absolute advantage have to do with making economic choices
1 answer
Q: Assuming increase a price of commodity X where x is an inferior good decompose the total effect of price change into substitution n income effect also derive the demand curve
1 answer
Q: Where did most city people live prior to the invention of railroads
3 answers
Q: What of the following was not an important invention of the early 20th century
2 answers
Q: What are the different types of goods
1 answer
Q: Which modern theorist's work in monetarist thought earned him a Nobel prize in economic sciences
1 answer
Q: Which of the following was not an important invention of the early 20th century A.The phonograph
6 answers
Q: What are the types of supply elasticity
1 answer
Q: Does US have a deficit or trade surplus
1 answer
Q: Why does globalization lead to a reduction in wages in developed countries
1 answer
Q: Did Adam smith's concept of laissez faire stipulated that government should have control of what and how much is produced
1 answer
Q: What must happen before an employer allows an employee to make independent work decisions
1 answer
Q: The main advantage of diversification as an investment policy is that it
1 answer
Q: What of the best following best explains why treasury bonds have an effect on the size of the money supply
1 answer
Q: Why is empowerment important to employees
1 answer
Q: Which of following was not included in Adam smith's theory of wealth accumulation
1 answer
Q: Country X would enjoy an absolute advantage in the production of clothing under what circumstance
1 answer
Q: What is the main intention of boycotts
1 answer
Q: Why globalization is important in business world
1 answer
Q: The European Union has its own flag anthem and day
1 answer
Q: Why before the invention of railroads city neighborhoods contained a mix of different people because everyone
1 answer
Q: What describes a situation where a goal of growth is being pursued
1 answer
Q: An example of physical capital would be
1 answer
Q: What best describes the efficiency function of economics
1 answer
Q: What is the total amount of money a firm receives by selling goods or services called
1 answer
Q: When was European Commission created
1 answer
Q: Which of these describes a time deposit
1 answer
Q: The media industry is characterized by an oligopolistic market structure because
1 answer
Q: Which phase in the business cycle occurs when the economy shrinks due to a decline in production of goods and services
1 answer
Q: Long form of GDP
1 answer
Q: What does a current contribution to Medicare in the form of employee Medicare taxes make free to eligible employees when they retire
1 answer
Q: What are 60 percent of china's workers
1 answer
Q: What is an unitary elastic supply
1 answer
Q: What is one drawback to consumer-protection regulations
1 answer
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