Describe Quasi-public goods
Describe Quasi-public goods?
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Quasi public goods are those that have large spillover benefits, so government will sponsor their provision. Otherwise, they would be underproduced. Medical care, education, and public housing are examples.
Fuel stamp programs which subsidize heating oil purchases through low-income households encourage those families to: (w) create more income by working. (x) particularly conserve on their use of fuel. (y) live along with less purchasing power. (z) subs
Give brief introduction of the term capital structure? And also write down its principles?
Use the economic perspective to explain the behavior of the workers? Why do they work so diligently?
Relative to other systems, economies in that people exchange goods or resources directly along with other people for other goods or resources without using money like a usual denominator rely relatively heavily upon: (i) barter. (ii) specialization. (
In heterodox economics, what implications does technical change and vintage technology contain for the cost structure of the business enterprise?
Evaluate and explain the statements: “The market system is a profit-and-loss economy”
surpluses drives price down,shortages drive up
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Successful speculation tends to: (1) generate inflationary pressure. (2) assist stabilize relative prices. (3) reduce the incomes of the eventual producers of goods. (4) make relative prices more volatile. (5) increase the risk born through the eventu
Define Direct and inverse relationships?
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