Problem on public sector
The word “public sector” signifies to: (1) Stockholders and households. (2) Investors and Consumers. (3) Households and investors. (4) Democratic voting systems. (5) All actions of government. Find out the right answer from the above options.
Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit
When an economic change makes one person worse off and one thousand persons better off, this is: (1) good for society. (2) bad for society. (3) neither bad nor good for society. (4) not possible to assess without a va
Positive economic statements: (1) are factual and can never be wrong. (2) predict political viewpoints. (3) are attempts to explain economic relationships. (4) estimate the fairness of social programs. (5) can resolve the matter of equity.
Suggestion of Jeremy Bentham that crime must be punished proportionally to the harm completed to society, but without consideration of intent, remorse or motive.” His proposal would result within more than the optimal amount of crime due to the:
I have a problem in economics on the Characteristics of Private property and laissez faire policies. Please help me in the following question. Private property and laissez faire policies are characteristics of: (1) Fascism. (2) Socialism. (3) Monarchy
Which would be the closest illustration of a free good: (1) A can of tuna bought along with food stamps, (2) dead leaves which require raking into fall, (3) water through a drinking fountain at a park, (4) a sample of soap acquired in the mail and (5)
Within broad economic terms "efficiency" needs: (w) an upward move within the production curve. (x) full employment. (y) it being not possible to make someone better off without creating someone else worse off. (z) producing cars with low gas consumption.
Prices are: (w) used to ration free goods and resources. (x) zero for several scarce goods and resources. (y) the merely efficient way to assign luxury goods. (z) one mechanism for rationing scarce goods and resources. Q : Human choices and consequences in Economics as like a Science is most relates with: (a) human consequences and their choices. (b) mathematical formulas to compute profit. (c) how government agencies price services and goods. (d) wealth accumulated through private ente
Economics as like a Science is most relates with: (a) human consequences and their choices. (b) mathematical formulas to compute profit. (c) how government agencies price services and goods. (d) wealth accumulated through private ente
Economics like a region of study largely focuses upon: (1) class, power and status relationships. (2) Government policies to cure poverty. (3) Scarcity and decision making. (4) Accounting and financial relationships. (5) profit-maximizing business strategies.
18,76,764
1951052 Asked
3,689
Active Tutors
1425983
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!