--%>

Effects of reduced production on Income distribution

Can someone help me in finding out the right answer from the given options. Relative to the market system, allocation of resources and goods strictly according to requirements or to equivalent shares will most likely outcome in: (1) Decreased production. (2) Accelerated economic growth. (3) Decreased transaction costs. (4) Democratic allocations of the income.

   Related Questions in Econometrics

  • Q : Declines in unemployment rates I have a

    I have a problem in economics on Declines in unemployment rates. Please help me in the following question. The Production possibilities frontiers wouldn’t expand outward in response to: (1) Enhanced technology. (2) Expanded investment and saving. (3) Declines in

  • Q : Reduced form equations Which of the

    Which of the following econometric models are linear in parameters or variables (state if they are linear in both)? Explain briefly what kind of data transformation would be needed to estimate the parameters of these models. i) Yi = ?1 + ? 2 Xi 2+ ?3 Xi 3 + ui ii) Yi= ß1 + ß2 ln X + ui iii) Y

  • Q : Entailing the allocation of queuing The

    The allocation by queuing entails waste since some people: (i) Overstress their work credentials to acquire good jobs. (ii) May gain whereas others lose whenever lotteries are employed. (iii) Will spend long, fruitless periods waiting in line. (iv) Co

  • Q : Diminishing Returns-Concave from origin

    The inevitability of ultimately raising opportunity costs might be employed to explain why: (1) Scarcity is the worsening problem in industrial societies. (2) Production possibilities frontiers are concave from origin. (3) Services cost more than good

  • Q : Vantage points of economists Can

    Can someone help me in finding out the right answer from the following options. From the vantage points of economists, the household’s requirements are: (1) simply recognized based on the biological factors. (2) Subject to producer’s whims

  • Q : Illustration of the difference in

    In a current Wendy’s TV commercial, a police officer hands a driver a speeding ticket for $75. The response of driver is something to the consequence of as, “Oh gentleman! 75 crispy chicken nuggets!” The response of driver is mainly specific an illus

  • Q : Private property and laissez-faire

    Can someone help me in finding out the accurate answer from the following options. The pure capitalism is characterized through: (1) Private property and laissez-faire govt. policies. (2) Business monopolies balanced by the strong labor unions. (3) De

  • Q : Command economies-Unemployment or

    The Command economies might suffer from inflation and unemployment, however a market system guarantees: (1) Price level stability. (2) Full employment. (3) Equity in distributing the income. (4) Quick and constant economic growth. (5) None of above.

  • Q : Effects of reduced production on Income

    Can someone help me in finding out the right answer from the given options. Relative to the market system, allocation of resources and goods strictly according to requirements or to equivalent shares will most likely outcome in: (1) Decreased production. (2) Accelerat

  • Q : War-time capitalism and fascism Private

    Private property ownership however with strong govt. decision-making regarding resource utilization is the characteristic of: (i) War-time capitalism, and fascism. (ii) Communism and Socialism. (iii) Primitive agriculture. (iv) Anarchy and utopianism.