Married men on average earn more income
Studies indicate that married men on average earn more income than unmarried men of the same age?
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Correlation does not necessarily mean that there is causation. The relationship might be entirely coincidental/dependent on various other factors which is not incorporated in the analysis. It is also possible that higher income is the variable that “causes” marriage.
Contrast how a market system and a command economy try to cope with economic scarcity?
“Prices are the automatic regulator that tends to keep production and consumption in line with each other.” Explain.
Is transfer income involved in national income? Explain Why? Answer: No, since transfer income does not effect in the production of services and goods.
Which of the following are examples of public goods?
Write down the different types of leverages which are computed for financial analysis?
The key model underpinning David Hume’s price-specie flow mechanism which most mercantilists failed to grasp is termed today as: (i) the equimarginal principle. (ii) the wages-fund doctrine. (iii) the quantity theory of money. (iv) partial equil
What happens in the product markets?
Why is the problem of unemployment a part of the subject matter of economics?
Briefly describe the term Cost of debt?
Write down the importance of Earnings per share?
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