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I have a problem in economics on Governmental allocations of goods. Please help me in determining the accurate answer of the following question. Pure capitalism is least reliable with: (i) Governmental allocations of goods. (ii) Laissez-faire policies
Economic inefficiency exists while there is: (1) A society suffers through economic inequity. (2) No approach for anyone to gain unless someone else loses. (3) Additional output could be generated at lower cost. (4) Maximum net benefits are acquired f
Can anybody suggest me the proper description for given problem regarding positive theory in Economics generally. Positive theory which is inaccurate: (w) can be disproved through logic and fact. (x) includes poor
Recently developed theory is least probable to evolve in common sense when this fails to: (i) conform to the principle of Occam’s razor. (ii) be consistent along with extensively-accepted previous theories. (iii) have realistic assumptions. (iv) accurately descr
Adam Smith asserted that a wealth of nation is not gold, although is as an alternative the: (w) wisdom of its government. (x) goods and resources its people control. (y) new physical territory this conquers. (z) military power this co
When an economic change makes ten percent of the population better off and has no consequence on the economic welfare of the other ninety percent, in that case: (w) the community is better off. (x) the community is worse off. (y) community economic welfare does not ch
Illustrations of normative statements would not comprise assertions which: (1) premeditated murderers deserve the death penalty. (2) Leonardo DiCaprio is a terrible actor. (3) AIDS and HIV are transmitted through sexual contact. (4) women must be paid
To say that high joblessness rates in this prosperous country are a national disgrace would be an illustration of a: (w) normative macroeconomic statement. (x) positive macroeconomic statement. (y) positive microeconomic statement. (z) normative microeconomic statemen
I need a good answer on the topic of Economic problems. Please give me your suggestion that illustrations of technological enhancement would not comprise developing new because: (i) Lighter and less costly and stro
Hey friends please give your opinion for the problem of Scientific Economic work that is given below: Scientific tries to relate facts to produce understanding of how things work are termed as: (w) mathematics. (x) theories or mode
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