econ 130
An increase in consumer desire for strawberries is most likely to
I have a problem in economics on Symptom of inefficiency. Please help me in the following question. Operating within a society's production possibilities frontier is the: (1) Method to build reserves to stimulate the investment and growth. (2) Outcome
The Production possibilities frontiers (or PPFs) tend to be ‘bowed out’ since: (i) More of one good mandates the lower production of other. (ii) A few resources are inevitably underutilized or unemployed. (iii) Technology is supposed const
The huge absorption of resources for the arms race among the United States and USSR from the year1945 to 1990 is an instance of inefficiencies related with the allocative method of: (1) Queuing. (2) Arbitrary selection. (3) Brute force. (4) Capitalism
Can someone help me in finding out the right answer from the given options. The modern U.S. economy: (i) Is an illustration of a pure market system. (ii) Is a mix of market and command element. (iii) Has evolved to a fundamental command system s (iv) Experienced littl
Can someone help me in finding out the accurate answer from the given options. Production which is most compatible with the consumer tastes and preferences is more probable whenever allocation is decided by: (1) Queuing. (2) Majority voting. (3) Indiv
In a completely employed economy, the reduction in an output for one good which is needed to raise the output of another good: (1) Symbolizes an opportunity cost. (2) Makes society inferior off than before. (3) Enhances economic welfare. (4) Needs tec
Raising the output of goods for military utilization: (i) Is not possible in a completely employed economy. (ii) Always needs reducing the output of the civilian goods. (iii) Decreases the outputs of goods for civilian utilization in a completely employed economy. (iv
In the quintile distribution of income, the term "quintile" represents?
Why are democratic regimes more conducive to economic growth than dictatorship?
Decreasing consumer goods output to generate more capital goods this year will outcome: (i) Slower growth of economy's future prolific capacity. (ii) Rapid expansion of the capability to produce in the future. (iii) No consequence on the future capaci
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