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- Economics (1) Which of the following is an example of what growth economics calls institutions?a. private technologyb. mountainsc. well-regulated markets.d. television programminge. incentives (2) What function of money is highlighted when I write a check to a school to pay for my child’s tuition costthis semester?a. fiat moneyb. medium of exchangec. unit of accountd. store of valuee. commodity money (3). The deficit measures ____________ over a year, while the debt measures ___________ at a point in time:a. The accumulated stock of government spending; the accumulated stock of borrowingb. The flow of new borrowing; the accumulated stock of borrowingc. The flow of government spending; the flow of new borrowingd. The accumulated stock of borrowing; the flow of new borrowinge. The flow of government spending; the accumulated stock of government spending (4). The minimum wage is often offered as a possible way to address the income gap. There is, however, apossibility that a minimum wage…The branch of economics that looks at the operation of a nation's economy as a wholeWhat is global economy? What are its 4 characteristics?
- Hello: Which of the following best describes a microeconomic question? (A) What is the value of US dollar in terms of other foreign currencies? (B) Should a particular firm enter a market? (C) Is the company of Japan in a recession? (D) What is the value of the goods and services that the United States produces every year? (E) What is the aggregate price level in an economy?Using the data in Table 32.3, rank the seven regions of the world according to GDP and then according to GDP per capita.What are the drawbacks to analyzing the global economy on a regional basis?
- Give typing answer with explanation and conclusion According to classical economists, instead of mercantilism, which says countries should produce everything themselves, what should countries do? a. Use tariffs to protect local industries b. Create an organization that dictates how countries should trade c. Specialize in producing what they are good at producing, and import other goods d. Engage in trade wars to try to gain an advantageQuestion 1. (04) What makes Islamic economic system different from socialism and capitalism? Question 2. (04) How does an Islamic bank deal in Mudaraba? Question 3. (05) Define what is Riba & describe two types of Riba with example for eachDir this is economics question please solve accurate and fast. Please please thanks
- Why do economists pay more attention to national economies (for example, the U.S. or Canadian economies) than to state or provincial economies (such as California or Ontario)?Using the data in Table , rank the seven regions of the world according to GDP and then according to GDP per capita. 2. What are the drawbacks to analyzing the global economy on a regional basis? 3. Create a table that identifies the macroeconomic policies for a high-income country, a middle-income country, and a low-income country. 4. Use the data in the text to contrast the policy prescriptions of the high-income, middle-income, and low-income countries. 5. What are the different policy tools for dealing with cyclical unemployment? 6. Explain how the natural rate of unemployment may be higher in low-income countries. 7. How does indexing wage contracts to inflation help workers? 8. Use the AD/AS model to show how increases in government spending can lead to more inflation. 9. Show, using the AD/AS model, how governments can use monetary policy to decrease the price level.1.1 To gauge living standards across countries with populations of different sizes, economists use....................
