Affects in Great Depression
State what affect the most in Great Depression?
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In 1920s the boom in business made people overly confident therefore people invested their money in risky stocks and deals with it. In addition, banks provide careless loans and soon failed when people could not be able to repay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find work.
Definition of law of demand: It is the claim that, other things equivalent, the quantity demanded of a good drops/falls whenever the price of the good increases.
A price elasticity of demand of 2.0 implies that at that point, the demand curve is: (w) income elastic. (x) relatively price elastic. (y) relatively price inelastic. (z) unitarily price elastic. I need a good answ
Select right answer for Unemployment: A) causes the production possibilities curve to shift outward. B) can exist at any point on a production possibilities curve. C) is illustrated by a point outside the production possibilities curve. D) is illustra
Select the right answer of the question. The asset demand for money: A) is unrelated to both the interest rate and the level of GDP. B) varies inversely with the rate of interest. C) varies inversely with the level of real GDP. D) varies directly with the level of nom
Total cost can be estimated as area: (i) 0bcq1. (ii) 0adq2. (iii) 0Peq2. (iv) aPed. (v) Cannot be measured in illustrated figure. Q : Normal accounting profit The only The only profit earned within the long run through a purely competitive firm is of: (w) normal accounting profit. (x) offset by short term losses. (y) created by exceptionally astute managers. (z) unrelated to its opportunity costs. Q : Properties of indifference curves Properties of indifference curves: The 3 properties of indifference curves are as shown below:A) Slopes downward from left to right: To consume more of onegood the consumer should give up li
The only profit earned within the long run through a purely competitive firm is of: (w) normal accounting profit. (x) offset by short term losses. (y) created by exceptionally astute managers. (z) unrelated to its opportunity costs. Q : Properties of indifference curves Properties of indifference curves: The 3 properties of indifference curves are as shown below:A) Slopes downward from left to right: To consume more of onegood the consumer should give up li
Properties of indifference curves: The 3 properties of indifference curves are as shown below:A) Slopes downward from left to right: To consume more of onegood the consumer should give up li
Can someone please help me in finding out the precise answer from the following question. The summation of all the firms which produce a given product is categorized as: (1) Multinational. (2) An industry. (3) Cartel. (4) Monopoly. (5) Plant.
When cranberry farming is an increasing constant cost industry and that firm is typical, in that case an increase within the market demand for cranberries will give in a long run equilibrium price as: (i) less than P1. (ii) greater than P2.
Maximum possible total revenue monthly from sales of RoboMaids is about: (i) $70 million. (ii) $100 million. (iii) $125 million. (iv) $170 million. (v) $230 million. Discover Q & A Leading Solution Library Avail More Than 1447766 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1932717 Asked 3,689 Active Tutors 1447766 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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