--%>
Assignment Help - homework help

Critical features of Technological Progress

New services and goods, new forms and types of equipment, and new knowledge regarding how to combine resources productively are all critical features of: (1) entrepreneurial profits. (2) winning the global war against scarcity. (3) net investment within a capitalistic system. (4) technological progress. (5) raised rates of international trade.

Please help me to solve the problem of economic that is given above.

   Related Questions in Public Economics

  • Q : Define the root of normative economics

    Value judgments which address what “must be” are at the root of: (1) microeconomics. (2) scarcity economics. (3) normative economics. (4) positive economics. (5) macroeconomics. How can

    		•
  • Q : Allocative Mechanisms and Efficiency

    Allotment of resources and goods through tradition or brute force will most probable outcome in: (i) Inadequately low production. (ii) Equivalent income distributions. (iii) Democratic resource allocation. (iv) Production possibilities growth.

  • Q : What would be contained in fundamental

    Fundamental economic questions consist of: (w) what, for whom and how. (x) where, how and when. (y) when, how and what. (z) how many, how much and what color,. Hey friends please give your opinion for the problem o

    		•
  • Q : Technological advance in costs All else

    All else equivalent, when the output of one good raises, the output of other goods: (1) Should fall in an underemployed economy. (2) May rise as well when society begins on its PPF. (3) Will drop in an efficient and completely employed economy. (4) Essentially experie

    		•
  • Q : Explain about the positive economic

    Positive economic statements: (1) are factual and can never be wrong. (2) predict political viewpoints. (3) are attempts to explain economic relationships. (4) estimate the fairness of social programs. (5) can resolve the matter of equity.

  • Q : Economic models assumptions regarding

    Economic models based upon assumptions such that singles pursue their own self interests aspect that: (i) Generally predict better than models which assume humanitarian motives. (ii) Yield dubious outcomes for economics. (iii) Distort the economy with

    		•
  • Q : Define a common approach to economics A

    A common approach to economics involves studying how: (i) charging interest on loans can be ethical. (ii) resources are allocated to satisfy human wants. (iii) individuals and government should balance their budgets. (iv) to determine the best bargain

    		•
  • Q : Quantity theory of money David Hume and

    David Hume and John Locke summarized an early version of: (1) the circular flow of income. (2) the permanent income hypothesis. (3) the quantity theory of money. (4) the marginal disutility of poverty. (5) the backward-bending supply

    		•
  • Q : Government as a trustee on nonhuman

    Can someone please help me in finding out the accurate answer from the following question. Government acts as the trustee over nonhuman resources beneath: (i) Laissez-faire capitalism. (ii) Socialism. (iii) Fee-simple property rights systems. (iv) Feu

    		•
  • Q : Define the normative economic statement

    Which of the given is a normative economic statement? (1) Most Republicans favor the death penalty for murderers. (2) Punishment which is surer, swifter, and harsher decreases the rates of violent crime. (3) Most Democrats oppose the death penalty for

    		•