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The word “public sector” signifies to: (1) Stockholders and households. (2) Investors and Consumers. (3) Households and investors. (4) Democratic voting systems. (5) All actions of government. Find out the right answer from the above optio
Economic efficiency tends to be improved via: (1) Divisions of labor in specialization and production and trade according to comparative advantage. (2) Maximization of the opportunity costs. (3) Understanding macro-economics. (4) Intensive investments
"Minimum wage rules will reduce service of the workers they are designed to help, but they are desirable because it's more important that 90 percent of the covered workers remain employed at the higher wage than that 10 percent of the covered workers become jobless."
The economic costs of attending college to receive a bachelor’s degree would not comprise: (i) Potential wages earned through incoming work force right after high school. (ii) Potentially higher standards of living throughout the four years or therefore spent st
Please help me to solve the problem of normative economics that is given below: Normative economic hypotheses would contain the statement which: (i) Earth consist of five moons composed of blue che
Positive technical statements: (w) need value judgments. (x) should be valid by definition. (y) can be proved and tested or disproved by fact and logic. (z) are the excellent guides in specifying economic policies.
Society's FUNDAMENTAL economic problems do NOT comprise deciding: (w) what goods to produce. (x) how to produce the goods selected. (y) what occupation each person must pursue. (z) who must find to use the goods produced. Q : Economic assumption of rationality in As per to the economic assumption of rationality: (w) entrepreneurs are usually more rational than employees. (x) consumers often perform in random or erratic ways. (y) people tend to behave in accord along with their goals. (z) people who are rationa
As per to the economic assumption of rationality: (w) entrepreneurs are usually more rational than employees. (x) consumers often perform in random or erratic ways. (y) people tend to behave in accord along with their goals. (z) people who are rationa
The production possibilities curve might be shifted outward by: (1) Decreasing unemployment. (2) Reducing the labor force. (3) Limiting the output of capital goods. (4) Raising the amounts or productivity of the resources. Discover Q & A Leading Solution Library Avail More Than 1419188 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1954318 Asked 3,689 Active Tutors 1419188 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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