Increase the overall effectiveness of the market system
How the government can increase the overall effectiveness of the market system?
Expert
Although the market system promotes efficiency, it has certain shortcomings over production of goods with social costs, under production of goods with social benefits, tendency for business to increase monopoly power, macro instability.
Economic efficiency needs that, relative to the other goods which different individuals might consume, the people who value exact goods relatively the most should own and/or use all goods. Such principle is termed as: (i) economic equity. (ii) allocat
The opportunity cost of making an exact alternative is: (i) useful primarily as an indicator of relative prices. (ii) its nominal costs into terms of all other goods. (iii) the information which guides your decision. (iv) measured through the subjecti
Question: Some commentators have argued that the failure of the "Super committee" is good thing for the economy? Do you agree? Answer: The Super committe
What explains why millions of economic resources tend to get arranged logically and productively rather than haphazard and unproductively?
Enumerate and briefly discuss the main economic functions of government. Which of these functions do you think is the most controversial? Why?
Briefly describe composite cost of capital? And also describe the procedure to calculate composite cost of capital?
Give a brief introduction of the term Risk Principle?
“An increase in the American dollar price of the South Korean won implies that the South Korean won has depreciated in value.” Explain.
Adam Smith must have emphasized more strongly how his Wealth of Nations drew concepts and inspiration by Richard Cantillon’s Essai. Now today’s perspective that the Wealth of Nations would considered even
a) Whether the bond market moves up or down, high-convexity portfolios will for all time outperform low-convexity portfolios of equal duration and yield." Elucidate the argument supporting this statement and the connection to the classical immunization strategy. What
18,76,764
1937419 Asked
3,689
Active Tutors
1444818
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!