Illustrate major economic flows that link U.S. with nations
Illustrate major economic flows that link U.S. with nations. Provide an example to illustrate each flow. Explain the relationship between the top and bottom flows.
Expert
The 4 major economic flows are:
1. The flows of goods and services
2. The flows of capital equipment and labor
3. The flows of information and technology
4. The flows of money.
The financial flows provide the money necessary to pay for exports and imports.
An individual seller within perfect competition will not sell at a price lower than the market price since: w) demand for the product will exceed supply. x) the seller would begin a price war. y) the seller can sell any quantity she desires at the prevailing mar
After agonizing regarding whether to buy a hot dog or a hamburger along with his last dollar while he goes to the fair, Jeeter at last chooses the hot dog. The hamburger shows Jeeter's: (i) normative choice, because it would be more nutritious. (ii) opportunity cost o
consumer's interview method for demand forecasting(point to point explain)
Can someone help me in finding out the right answer from the given options. The private sector is decomposed into: (1) Businesses and investors. (2) Households and stockholders. (3) Households and investors. (4) Businesses and households.
Why an economic problem does arise? Answer: It arises due to following reasons: A) Shortage of resources. B) Alternative utilizations of resources. C) Limitless wants and limited resources.
Explain the statements: The market system provides such a variety of desired goods and services precisely.
Briefly describe Net income approach? Named who recommended this theory?
Explain the definition of Economics?
Contrast a vertically integrated firm, a horizontally integrated firm, and a conglomerate?
Question: Ambrose consumes two goods, peanuts (x1 ) and a composite good (x2). He has a utility functionU = 4 √x1 + x2. This means his MU1 = 2/ √x1 an
18,76,764
1949749 Asked
3,689
Active Tutors
1452843
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!