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   Related Questions in Public Economics

  • Q : Uses of Normative Economics over

    Can anybody propose the proper explanation for specified problem regarding Normative Economics. Positive economic analysis might NOT be used to test the idea which higher cigarette taxes would reas

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  • Q : Explain about the capital goods Capital

    Capital goods are: (w) machines, equipment, buildings, and other enhancements to natural resources. (x) goods which indirectly contribute to human satisfaction. (y) resources which have been changed for use in the production of other goods. (z) All of

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  • Q : Better off and worse off condition in

    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

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  • Q : Demonstration of scarcity in the U.S.

    By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

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  • Q : Explain about the normative economics

    Please suggest me how to solve the problem of normative economics that is given below: Normative economics is: (w) a description of how the economy works. (x) based upon empirical studies. (y) concerned along with

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  • Q : Describe the scientific roles of

    Can anybody suggest me the solution for given problem regarding scientific roles of economists in economics generally. Economists, in their scientific roles: (w) hardly ever choose anything. (x) choose much of econ

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  • Q : Where is economic efficiency for

    Economic efficiency for society does not need that such: (w) the greatest possible satisfaction is enjoyed through all consumers specified their individual budgets. (x) maximum possible value of output from obtainable resources. (y) exact goods are us

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  • Q : Determine when economic efficiency is

    Economic efficiency is most clearly improved while: (i) a new Wal-Mart opens in a rural community. (ii) less-developed countries grow quicker than more developed countries. (iii) taxes are composed in accord along with the principle of progressivity. (iv) India increa

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  • Q : Production in economically efficient

    Production based upon economically efficient mixtures of resources: (w) Maximizes production costs for a specified output. (x) Minimizes output from a specified cost. (y) Maximizes output or/and minimizes costs. (z) is unlikely since resources are unl

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  • Q : Human choices and consequences in

    Economics as like a Science is most relates with: (a) human consequences and their choices. (b) mathematical formulas to compute profit. (c) how government agencies price services and goods. (d) wealth accumulated through private ente

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