Goods produced and sold in the US
Who decides what goods services will be produced and were sold in the US?
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It is mostly the American consumer. The US government also plays a big role in the nation's economy, constituting roughly 36% of GDP - making it the largest and thus most influential economic institution & buyer. Manufacturers or those controlling supply may also manipulate demand through advertising and popular media.
Can someone help me in finding out the accurate answer from the given options. People tend to recognize more ways to employ a good if the: (1) The prices of substitute goods drop. (2) Good is poorer and their incomes increase. (3) Complements of good become more costl
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must use graphs to demonstrate/support answers where available. Submission is to be made tonight, so needs to be finished urgently
Components of capital account: (i) Foreign investment (ii) Foreign loans (iii) Banking capital and other capital (iv) Monetary movements.
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Determine relationship between MPC and MPS? Answer: MPC + MPS = 1
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