Answers about Economics > 자유게시판

Adam Smith believed tһɑt individuals, pgstar777 by pursuing tһeir օwn ѕelf-іnterests, pgstar777 would inadvertently benefit their home countries' thгough thе "invisi
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How Standard of living of an educated person contributes toward the development of a country?


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The standard of living of an educated person significantly contributes to a country's development by enhancing productivity and innovation. Educated individuals
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Economics









What are the signals that guide the allocation of resources in a market economy are?


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In a market economy, signals that guide the allocation of resources include prices, consumer demand, and supply levels. Prices act as signals for both consumers
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Economics









In what ways did economic competition between countries come at the expense of others Select all correct answers.?


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Economic competition between countries often led to exploitation of resources in less developed nations, resulting in environmental degradation and loss of loca
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Economics









What goods were produced in the 19 century?


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In the 19th century, the Industrial Revolution significantly transformed production methods, leading to the mass production of goods. Key products included text
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Economics









During an inflationary period what is one way the U.S. government might use its fiscal policy to slow down the economy?


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During an inflationary period, the U.S. government might use contractionary fiscal policy to slow down the economy by reducing government spending or increasing
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Economics









How has globilization promoted cooperation among countries?


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Globalization has facilitated cooperation among countries by fostering economic interdependence through trade, investment, and the sharing of resources. This in
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Economics









Are trade barriers that stop or slow trade with another nation in order to punish it.?


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Yes, trade barriers such as tariffs, quotas, or embargoes can be implemented to punish a nation for various reasons, including political disagreements, human ri
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Economics









What is normative decision theory?


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Normative decision theory is a framework that seeks to identify how rational agents should make decisions to maximize their utility or achieve optimal outcomes.
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Economics









Why do prices on candy rise?


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Prices on candy can rise due to several factors, including increased production costs such as raw materials, labor, and transportation. Supply chain disruptions
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Economics









What role do international and foreign investment play in solving some of the problems identified in the big push model?


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International and foreign investment play a crucial role in the big push model by providing the necessary capital to overcome market failures and stimulate econ
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Economics









How gender based violence affect economic growth of the country?


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Gender-based violence (GBV) significantly hampers economic growth by undermining productivity and increasing healthcare costs. Victims often face long-term phys
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Economics









What are the disadvantages of purchasing points?


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Purchasing points can be costly, often leading to a poor return on investment if the traveler doesn't utilize them effectively. Additionally, the points may hav
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Economics









What would happen to unit costs if extra demand led to higher output?


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If extra demand leads to higher output, unit costs may initially decrease due to economies of scale, where fixed costs are spread over a larger number of units
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Economics









What do economists use to verify their claims?


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Economists use a variety of tools to verify their claims, including empirical data analysis, statistical models, and economic theories. They often rely on histo
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Economics









What are the advantages and disadvantages of relying move on the market economy?


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Advantages of a market economy include increased efficiency, innovation, and consumer choice, as businesses compete to meet demand. This system encourages entre
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Economics









Why profits follows quality?


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Profits follow quality because high-quality products and services lead to increased customer satisfaction, loyalty, and positive word-of-mouth referrals. When b
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Economics









Why are knowledge worker a key economic resources?


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Knowledge workers are key economic resources because they leverage specialized skills and expertise to drive innovation and productivity. Their ability to analy
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Economics









What is the factor substitution effect?


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The factor substitution effect refers to the change in the amount of one factor of production (like labor or capital) used in response to a change in its relati
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Economics









How does natural resources affect production of goods and services?


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Natural resources play a crucial role in the production of goods and services by providing essential raw materials and energy sources. The availability and qual
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Economics









What does Diminishing marginal product mean?


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Diminishing marginal product refers to the principle that as more units of a variable input (like labor) are added to a fixed amount of another input (like capi
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Economics









How is equilibrium restored after a shortage?


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Equilibrium is restored after a shortage through the mechanism of price adjustments. When demand exceeds supply, prices tend to rise, which incentivizes produce
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Economics



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Paano mo ipinakikita ang iyong pagiging makabansa?


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Ipinakikita ko ang aking pagiging makabansa sa pamamagitan ng paggalang at pagpapahalaga sa ating kultura at tradisyon, tulad ng pagdalo sa mga lokal na pagdiri
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Economics









Why fiscal policy has a multiplied effect on natural incme?


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Fiscal policy can have a multiplied effect on national income due to the concept of the fiscal multiplier, which arises when government spending or tax changes
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Economics









What issues do the three challenges do the caucasus countries need to address to improve their economies?


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The Caucasus countries need to address several key challenges to improve their economies, including political instability, which hampers investor confidence and
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