The branch of economics that looks at the operation of a nation's economy as a whole

Q: Why should the government try to help the economy and support it? Give at least two reasons.

A: A government plays a significant role in influencing the market outcome and to make changes in the…

Q: What can government do to stimulate the economy?

A: To stimulate the economy, the government will implement expansionary fiscal policy.

Q: what can the government do to provide awareness and knowledge about people who are not literate in…

A: Answer - Need to find- what can the government do to provide awareness and knowledge about people…

Q: How would you describe Switzerland's economic environment

A: The state of the economy in a country or region is referred to as "economic circumstances." As an…

Q: Why do business people study economics?

A: Demand for a good refers to the quantity of that good with the consumers are willing and able to…

Q: Is economics one of the most important in the world?

A: In a world, various activities, actions, and events took place in which people interact with each…

Q: Factors of production

A: The final goods and services served in the market for the consumers. There are some factors that use…

Q: Will giving children/students money help improve their interest in Economics and increase their…

A: When talking about the study of economics and finance, it can be said that a student learns a…

Q: Economics MOST broadly includes anything related to a. national economies b. decision-making c.…

A: Economics is far more than money. It's all about balancing the pros and cons of various options. The…

Q: What does the Third World country mean to the subjects of Economics?

A: In economics developing countries are known as third world country.

Q: The government role is to promote business in the economy rather than compete with them. Discuss

A: Public sector refers to the sector which is controlled by the government of the country and its…

Q: How can studying economics help you as a student?

A: Studying economics can help students by exposing them to theoretical approaches within the field of…

Q: Critically evaluate the following statement (i.e. discuss whether you agree with the statement or…

A: A poverty region can be understood that a region, where people are not able to consume the basic…

Q: kinds of economy?

A: 1. Haiti is a Market Economy in which the forces of demand and supply regulate the market.  2. China…

Q: ECONOMIC FACTORS THAT MAKE SOUTH KOREA BECOME ONE OF THE BEST COUNTRIES IN ASIA?

A: South Korea began as an agriculture-based economy in the 1960s, and by 2016, it had grown to become…

Q: Importance concepts of economics?

A: The important concept of economics are Market interest:-  It is one of the essential financial ideas…

Q: principles that describe how the economy as a whole works

A: Economy Economy is described as the area in which various amounts of consumption, production, and…

Q: According to Adam Smith who should manage the economy for the nation? Why?

A: An economy refers to the management of the country's money, trade activities, industrial…

Q: Describe how government economic policies play a role in the economy? with details and sources?

A: Government policy plays important role in developing economic growth because every activity and…

Q: Write a sentence or two defining the following terms in your own words. Give examples of each.…

A: Let us discuss these points along with the example:

Q: What goods and services—and how much of each—will be produced?

A: In a nutshell, an economy must distribute its resources and pick between several possible bundles of…

Q: Background information on Economics?

A: The compelling birth of economics as a different discipline might be followed to the year 1776, when…

Q: Share your views on the idea that economists make assumptions in order to make the world easier to…

A: Economist use assumption to make complex things into simple. Economics is a social science and…

Q: How does the economy defined the business financially

A: A business is part of the economy, where goods and services are exchanged or sold at a particular…

Q: How do you feel that business cycles and the health of the economy affect the value of your labor?

A: ANS Business cycles comprise of two phases namely a phase of expansion and a phase of contraction.…

Q: Being a Business Economics student, give and briefly explain at least Five (05) new economic…

A: Answer: Pakistan government should adopt an expansionary fiscal policy to fight economic depression…

Q: Write a Position Paper about the bill “No Assignment Policy”. - introduction - body - conclusions

A: Introduction:-  It is really a T.G.I.F for students in essential and optional government funded…

Q: The study of economics is very important because it

A: According to the OECD (Organisation for Economic Co-operation and Development), unemployment is…

Q: Based on what you have learned so far, what is the biggest problem an economy faces and how can we…

A: In the short run, all resources are fixed but labor is a variable input and in the long run, all…

Q: economy not achieve multiple economic goals simultaneously?

A: Basic features of an economy are - 1) resources our scarce or limited  2) while wants are unlimited…

Q: pen down a note on ECONOMICS.

A: Economics is a subject matter which deals with production, consumption and distribution of goods and…

Q: How does innovation disrupt the flow of an economy to any given organization? Discuss

A: When talking about the term 'disrupt' it can be said that it is the hurdle or disturbance in a…

Q: Why is “how to produce” a problem in every economy?

A: The central problems all the economies around the world face are "What to produce, how to produce,…

Q: The statement “the government should increase spending for the space program" is a. objective and…

A: The economic approaches can be mainly studied under two categories- positive statements, that are…

Q: Georgia's Military Bases Trained soldiers for WWII. Contribue to the war Savannah & Brunswick…

A: Georgia has a major share of contribution in the 2nd world war in the form of strong military bases…

Q: Define the basic terms in economics based on the pictures.

A: The photographs in the question is related to basic economic terms, which are as under.

Q: the economy. Explain

A: The formula for the national product in the economy is as follows NATIONAL PRODUCT = DOMESTIC…

Q: Compare and contrast the four types of economic systems. Write 3-5 sentences

A: Economic system: It refers to the means by which a society or government organizes and distributes…

Q: Economics

A: Quantity changes will be shown as movement along the demand curve.

Q: Discuss the central problems of an economy

A: According to the given question In Simple word we can say that economy is a system which basically…

Q: name three parts of the government that regularly rely on the advice from the economists

A: The economies as a study involves the decision making process, where various entities in the economy…

Q: How many sectors of economy are there?

A: Economy: It is the system of organizing money, industry, and trade of a country or region.

Q: study economics

A: Economics is the branch of social science which deals with the human behavior and measures economic…