What do you mean by Linkages
What do you mean by Linkages?
Expert
With the economies of other nations numerous economic flows link in the U.S. economy.
Following are the linkages:
1. Goods and services flows
2. Capital and labour (resource) flows
3. Information and technology flows
4. Financial flows
Explain the statement: “Good economic policy requires good economic theory.”?
Why is it significant that economics is not a laboratory science? What problems may be evolved in deriving and applying economic principles?
Describe the merits of “roundabout” production? Describe the term “division of labor”?
plz find the attachment and dont compromise on quality,, no similarity n need to be done according to requierment...
Economics professors would attribute students’ higher rates of attendance on days while examinations are administered to the: (w) intensified needs to learn valuable material. (x) higher opportunity costs of missing set relative to other schedul
Economic efficiency for society needs which the: (i) opportunity costs of all goods be at their lowest possible values. (ii) maximum probable benefits are acquired for given costs. (iii) greatest possible net benefits are squeezed through available re
What are the determinants of supply?
Describe briefly Distinction between the term Component cost and Composite cost?
Describe two kinds of efficiency Full production imply?
Least consistent along with Adam Smith’s theory of wages would be the suggestion that wages vary positively along with the: (w) effort required to learn skills necessary to accomplish particular types of work. (x) stability of employment and the
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