--%>

Illustrate several theories about causation

Illustrate several theories about causation?

E

Expert

Verified

Several theories about causation are as follows:-

1. Major innovations may trigger new investment and/or consumption spending.

2. Changes in productivity may be a related cause.

3. Most agree that the level of aggregate spending is important, especially changes on capital goods and consumer durables.

   Related Questions in Business Economics

  • Q : Are quantities supplied-demanded equal

    In perfectly competitive market, the market demand curve is given by Qd = 10 − Pd, and the market supply curve is given by Qs = 1.5Ps. a) Prove that the market equilibrium price and

  • Q : Illustrate Other Things Equal revisited

    Illustrate “Other Things Equal” Revisited in Supply and Demand, and Equilibrium?

  • Q : Define the term Abstractions in

    Define the term Abstractions in economics?

  • Q : Factor Price Equalization theorem

    Please answer each of the exercises below. While you may work together on the homework, you must turn in your own work (in your own words). Homework must be handed in at the beginning of class on the due date unless other arrangements have been made. No late homework will be accepted. Homework wi

  • Q : Attributed statement of the utilitarian

    “The best of all probable worlds is one in that we adopt policies which maximize the happiness of the lots number of people” is a statement of the utilitarian philosophy attributed to: (w) Alfred Korzybski. (x) Hugo Grotius. (y) Xenophon.

  • Q : Illustrate the term Economic Rationale

    Illustrate the term Economic Rationale?

  • Q : Exchange and Specialization I have a

    I have a problem in economics on Exchange and Specialization. Please help me in getting the right answer from the following question. Sarah the wheat farmer would be most probable to trade for fruit from the Kathy's orchard if: (i) Sarah's opportunity

  • Q : Guideline for monetary policy using

    Question: In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables? Answer: <

  • Q : Define the terms Plant Define the

    Define the following terms?

  • Q : Illustrate and clarify the economizing

    Illustrate and clarify the economizing problem?