What is substitutes
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
how many systems of note issue are there??
In a graph of competitive market in equilibrium, the net surpluses producers and consumers enjoy generally equivalents the area among the: (i) Demand and supply curve however to the left of point of the market equilibrium. (ii) Horizontal axis and a 45°line origin
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
No need apa format no need introduction and conclusion Only answer question being ask, thanks
Would export businesses choose a rising or declining dollar? Would it be similar for a European tourist on a budget and visiting the Grand Canyon? Explain your answer.
How can governments seek to control their national economies through fiscal and monetary policies?
A tax is shifted forward when the tax burden causes the: (w) consumers to pay higher prices. (x) lower purchasing power for the party bearing the legal incidence. (y) workers to experience lower take home wages. (z) decreased dividends to corporate st
Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
Does full employment take place if AD = AS or S = I?
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
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