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Economics
Economics is the study of production, distribution and consumption of goods and services whether in a city, country or a single business. Questions about supply and demand and economic theory are welcome here.
37,659 Questions
Why may labor as a mobile factor of production be unwilling to move?
why the labour as a mobile factor of production may be unwilling to move
What type of economy does the US have and what are some examples?
the US has a democracy and its economy is free.
What describes a situation in which the proce of a good would rise?
The question is incomplete.
No options (for which of the following) are given to answer the question.
The manufacturing of cars. just finished my quiz on apex :).
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command economy
What do you say to adopt minutes of a meeting?
The Chairperson, Seargent at Arms, MC, etc does this...
You first ask if any amendments need to be made to minutes. If there are none you make a motion to accept the minutes as presented. All in favor vote. All opposed vote. Record the votes (indictaing who voted & how) in the current meeting minutes. Done.
FYI - this is a duplicate question
Energy
Which factor is the best indicator of a family that is below the poverty line?
The factor best smrturl.co/o/490137/53295977?s1=
Which best explains why consistency is important for flow?
the reader may stumble or stop if facts change unexpectedly.
In general the mixed economy is characterized by the private ownership of the means of production, the dominance of markets for economic coordination, with profit-seeking enterprise and the accumulation of capital remaining the fundamental driving force behind economic activity.
Tax on gasoline is an example of what type of tax?
Tax on gasoline is an example of an excise tax. Excise taxes are taxes on specific goods or services that are typically included in the price of the product and paid by the consumer, rather than collected separately. The purpose of an excise tax is usually to discourage the consumption of the taxed item or to raise revenue for the government
What economic system do most countries operate under today?
Capitalism, with all the expected problems:poverty, mi equality, environmental damage
A country experiences hyperinflation when?
its currency loses value at the same time prices increase.
The Economic and Social Council of the United Nations?
The Economic and Social Council (ECOSOC) is one of the six main organs of the United Nations (UN), established in 1945 by the UN Charter. Its main responsibility is to promote international economic and social cooperation and development.
ECOSOC is composed of 54 member states, elected by the UN General Assembly for three-year terms. It meets annually in July for a four-week session in New York City, and also holds shorter meetings throughout the year as needed. ECOSOC coordinates the work of various UN specialized agencies, regional commissions, and functional commissions, and serves as a forum for discussing international economic and social issues.
ECOSOC's work is guided by the UN's development agenda, including the Sustainable Development Goals (SDGs) adopted in 2015. It works to promote sustainable economic growth, reduce poverty, and address issues related to health, education, gender equality, and the environment, among others.
Overall, ECOSOC plays an important role in promoting international cooperation and development and is a key component of the UN system.
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What is the most valuable asset in a time of economic crisis?
According to Stansberry's eBook it is Farmland!!
What was the result of the Nationalists attempt to set up a free enterprise system on Taiwan?
Taiwan's economy quickly became one of Asia's strongest.
Something you buy that cost less than the usual price?
There are two main ways that you can buy something that costs less than the usual price. The first one is to purchase an item when it is on sale. The second is to purchase something with a coupon.
What monetary policy strategy of the Federal Reserve do these headlines?
Decreasing the money supply to slow the economy
The Northeast and West wanted the government to spend money on transportation to help transport goods. Southerners opposed this because the money to pay for the improvements would come from tariffs, and southerners did not want an increase in tariffs.
What term indicates the exchange of goods and services within a single country?
The exchange of goods and services within a single country is called domestic trade.
If good 1 is a neutral' what is its marginal rate of substitution for good 2?
Answer is 0.
Solution:
MRS=delta(x2)/delta(x1)
Good 1 is neutral it means that little change in delta(x2) makes infinity change in delta(x1). It means delta(x1)= infinity => MRS=0
Match each current trend in the global economy with one of its economic effects.?
Improved communication: Easier outsourcing; Trade liberalization: Increased trade; Infrastructure development: Cheaper transportation; Industrialization: Greater productivity.
