Q: is father of economics
A: Adam Smith is popularly called the Father of Economics. He is famous for his book - The Wealth of…
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: Why do we have markets, and according to economists, what role should government play in them?
A: Market is a place where the goods and services produced by the companies are exchanged in return of…
Q: Amagine you are the manager of a car dealership and you are trying to create an economic model to…
A: An economic model creates a similar situation for a firm in accordance to real life through which…
Q: What are the basis of concepts taught in macroeconomics?
A: Macroeconomics is a branch of economics that studies how an overall economy behaves that is, how the…
Q: Is there a need for the government to talk about Economics in layman's term? Justify and explain.
A: Government. in general, is known as the authority that is meant to make major decisions regarding…
Q: How is the father of economics
A: Economics is a study of social science which allocates the limited resources to the unlimited wants…
Q: What does mean economics wants. Give Some examples?
A: All wants that can be satisfied by goods or services produced of any kind is knows as economics…
Q: How might the quality of life ultimately be determined and measured?
A: Standard of living is the level of comfort, necessities, material goods, and wealth available to the…
Q: When recommending specific policies to undertake, economists make Oa. normative statements. Ob.…
A: Economist provide policy recommendation based on the situation faced by the economy, some of the…
Q: Test- What is micro economics?
A: Economics is the study of how the society uses its limited resources. Thus, the economics is a…
Q: 1. Define economics?
A: Economics is divided into two broad categories, Microeconomics: It refers to the study of…
Q: what is micro economics?
A: Economics: The problem of scarcity induces to study the problem of choice at a social or national…
Q: A microeconomic analysis would deal with? a. How the change in the price of gas effects a family…
A: The study of economics can be divided into two branches namely macroeconomics and microeconomics.…
Q: Explain the nature of economics your own words, the explanation should be different from other…
A:
Q: what is economics
A: Answer to the question is as follows :
Q: What are the economics market
A: The market is a location where the transaction of services and commodities takes place.
Q: Which is microeconomics or macroeconomics? a) A comparison of alternative tax policies and thier…
A: Macroeconomics – It is the branch of economics that studies the entire functioning of a national…
Q: How is the success of economic policy measured?
A: There are various measures adopted by an economy to monitor its success or growth. Some examples…
Q: The way in which economists' thinks is influenced: Select one: a. Wealth b. Opportunity cost c.…
A: A financial pointer is a piece of monetary information, ordinarily of macroeconomic scale, that is…
Q: As you read about global economics, complete the chart by filling in the cause or effect
A: Simply said, globalization is the linking of various regions of the globe.Globalization is described…
Q: Vhich of the following is a macroeconomic statement?
A: Macroeconomics is a branch of economics that deals with the attributes of the whole economy. It…
Q: mic
A: The science which studies how people tend to interact with each other along with the prospects of…
Q: Why is it important for a good economic model topredict cause and effect?
A: Cause and effect refers to the relationship between two events in a way that the occurrence of one…
Q: Which of the following is not an issue that economists are interested in microeconomics? Lütfen…
A: Microeconomics is a social science that investigates the consequences of incentives and actions,…
Q: How does economics affect everyone?
A: Economics is a branch of social science which studies the behavior of the firms, people and the…
Q: ow well do ordinary people and corporate executives conform to the way neo-classical economic…
A: Neo classical theory assumes that market forces of demand and supply are responsible for market…
Q: You win Rs 10,000 in a horse race. You have a choice between spending the money now and putting it…
A: Economics is a branch of social science that deals with the production, distribution, and…
Q: What are the economic markets
A: There are many economic market structures which are differentiated by ts characteristics. All…
Q: If more teenagers stay in school longer, what happens to (a) production possibilities? (b)…
A: The production possibilities and labor force of an economy are positively related. Unemployment is…
Q: what was the economic event and how did you solve the problem
A: Every one of the events which can be estimated as far as cash are named economic events and are…
Q: What is economics study?
A: Economics study is the study of how limited and scarce resources are employed to produce goods and…
Q: Which is the largest figure in economics?
A: Gross nominal product is the largest figure in the economics.
Q: give 10 economic issues
A: Economic issues refer to those problems which are faced by the entire economy due to some economic…
Q: Who wrote the book The World is Flat Select one: O a. Thomas Friedman
A: For the given question, the author of the book the world is flat need to be answered.
Q: y. Bob's opportunity cost of remaining in college is
A: Opportunity cost is the loss of potential gain from other alternatives when one particular…
Q: explain what socio-economic theory assumes about people’s behavior. What are some of the social…
A: The study of the connection or interaction between social behaviour and economics is known as social…
Q: Command economies are most likely to encourage an underground economy? a. True b. False
A: Command economies are the set-up of a market where govt. controls the production, distribution and…
Q: Economics is the study of?
A: Economics is the study of maximizing the use of scarce resources while producing different…
Q: what role do economic ideas play in policy making??
A: Policy making is a decisive role of the government where it sets some policies in order to control…
Q: what is econmy?
A: Economy basically defines the economic situation of any country.
Q: List 5 important of economics
A: Answer: The study of economics enables us to reach the conclusion of a problem on the basis of data…
Q: What are all the economic market structure and their differences? How to identify the market…
A: Dear Student as you have posted multiple questions, but we can attempt only 1 question at a time…
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