Elucidate state expenditures and receipts for all states
Elucidate state expenditures and receipts for all states in 1998?
Expert
State expenditures and receipts for all states in 1998 are illustrated below:-
1. State revenues primarily come from sales taxes and secondly from personal income taxes.
2. State spending goes for public welfare, education, highways, and health care.
Why does a demand curve slope downward?
Illustrate the changes in Demand, Supply and Equilibrium?
The major implication of Adam Smith’s conception of an “invisible hand” was such that: (w) pursuit of individual self interest must be controlled. (x) most people lose sight of what’s good for society. (y) most
Suppose you go to a recycling center and are paid 25 cents per pound for your aluminum cans. However, the recycler charges you $.20 per bundle to accept your old newspapers.
Society gains from the activities of intermediaries which succeed within: (1) falling uncertainty and transaction costs for last consumers. (2) arbitrating strikes and defending workers’ rights. (3) creating productive jobs for unskilled workers
What are economic resources? What are the major functions of the entrepreneur?
Why is it significant that economics is not a laboratory science? What problems may be evolved in deriving and applying economic principles?
Transaction costs tend to be decreased, prices to consumers are classically stabilized and lowered, and economy-wide efficiency is generally improved through: (1) rigid wage and price controls. (2) central planning that fosters monopo
consumer's interview method for demand forecasting(point to point explain)
Explain the statement: “Generalization and abstraction are nearly synonymous.”?
18,76,764
1944740 Asked
3,689
Active Tutors
1435476
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!