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- The branch of economics that looks at the operation of a nation's economy as a wholeBased on what you have learned so far, what is the biggest problem an economy faces and how can we get over it? 500 wordsQuestion 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 each
- Q-2: In the world, every economy faces the same fundamental economic challenges. In regards to this statement explain briefly what are these basic economics challenges/issues?identify and explain how the 2 central economic policies used by the US government are utilized to affect the economy.Please explain classical and neo-classical from schools of thought. (with references)
- List 5 important of economicsOne of the unanticipated consequences of Deng Xiaoping’s economic reform is the issue of China’s left-behind children. This lost generation is mostly the offspring of migrant workers forced to leave villages for cities in search of jobs. Some have argued that as China’s economy grows, nothing highlights the human cost quite like the issue of left-behind children. What will be the negative impacts for China if the government does not deal with it properly?I struggling with understanding how the economic market runes without the government and what the "invisible hand" is if the government isn't running the economy
