Basic economic questions NOT included
The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How? Can someone explain me with about above problem of fundamental economic concept...
The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How?
Can someone explain me with about above problem of fundamental economic concept...
Economic questions incapable of scientific verification like to correctness or falsity, as like why, how and when to prosecute and execute alleged murderers, or to whom income must be again distributed, fall in the category of: (1) positive economics.
I have a problem in economics on Circular flow models of markets. Please help me in the following question. In a simple circular flow model of markets, the eventual ‘owners’ of all labor and non-labor resources are classified as: (i) Emplo
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
The “invisible hand” of the marketplace is a term coined by Adam Smith that considers to: (w) government policies to set market prices at equilibrium levels. (x) speculative manipulations which create disequilibrium. (y) a
Please help me to solve the problem of Positive Economics which is specified above. Positive economic statements deal primarily along with: (w) the way things should be. (x) Technically testable ec
Adam Smith’s well-known reference to an “invisible hand” implies that: (w) unregulated market competition improves economic welfare. (x) government must closely regulate monopolies. (y) pure competition is a divinely motivated market
To be helpful in economic analysis, a theory should produce: (w) Realistic assumptions. (x) A consensus in between scientists. (y) Results which is not possible to disprove. (z) Predictions supported through real world data. Q : Problem regarding exceed human The fact that human requirements exceed the production possible along with the resources obtainable is termed as economic: (1) scarcity, (2) welfare, (3) shortage and (4) deficits. Can someone please suggest me the
The fact that human requirements exceed the production possible along with the resources obtainable is termed as economic: (1) scarcity, (2) welfare, (3) shortage and (4) deficits. Can someone please suggest me the
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
The behavior on the given list most consistent along with relative prices serving like a rationing device, and not mainly as incentives, would be as: (i) Marcia, a status-seeking social climber that turning down requests of Wayne for dates after seeing small numbers u
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