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
Briefly describe Net income approach? Named who recommended this theory?
How market system promotes technological improvements?
Drawing a production possibilities frontier needs the supposition that: (1) Decision makers encompass discretion over resource accessibility. (2) Technology is constant. (3) Income is fairly distributed. (4) Resources are considerably diverse. (5) At least three goods
Which of the given describes a situation in which each good or service is produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the marginal cost of producing this? w) productive efficiency.
Explain of the law of demand?
Elucidate: Competition and the “Invisible Hand”?
The utilitarianism of Jeremy Bentham is generally closely akin to the philosophies of: (1) Epicurianism and hedonism. (2) pragmatism and instrumentalism. (3) asceticism and stoicism. (4) dialecticism and materialism. (5) fundamentalism and predestinat
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Describe what do you mean by European Union (EU)?
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