Category: business-economics

Order the answer to: Define private saving. How is private saving used in the

business-economics

Order the answer to: Define private saving. How is private saving used in the

Posted By George smith

Question
Define private saving. How is private saving used in the economy? What is the relationship between private saving and national saving?

Subject
business-economics

Read More
Order the answer to: List the four components of total spending. Why are imports

business-economics

Order the answer to: List the four components of total spending. Why are imports

Posted By George smith

Question
List the four components of total spending. Why are imports subtracted when GDP is calculated in the expenditure approach?

Subject
business-economics

Read More
Order the answer to: What is the difference between intermediate and final goods and

business-economics

Order the answer to: What is the difference between intermediate and final goods and

Posted By George smith

Question
What is the difference between intermediate and final goods and services? In which of these categories do capital goods, such as factories and machines, fall? Why is the distinction between intermediate and final goods important for measuring GDP?

Subject
business-economics
Read More

Order the answer to: Why are goods and services counted in GDP at market

business-economics

Order the answer to: Why are goods and services counted in GDP at market

Posted By George smith

Question
Why are goods and services counted in GDP at market value? Are there any disadvantages or problems in using market values to measure production?

Subject
business-economics

Read More
Order the answer to: What are the three approaches to measuring economic activity? Why

business-economics

Order the answer to: What are the three approaches to measuring economic activity? Why

Posted By George smith

Question
What are the three approaches to measuring economic activity? Why do they give the same answer?

Subject
business-economics

Read More
Order the answer to: What point was economist John Maynard Keynes trying to make

business-economics

Order the answer to: What point was economist John Maynard Keynes trying to make

Posted By George smith

Question
What point was economist John Maynard Keynes trying to make when he noted that “in the long run we’re all dead”? How does the point Keynes was trying to make provide justification for a greater role for government intervention in the economy?
Read More

Order the answer to: In 1993, the debate heated up in Canada about the

business-economics

Order the answer to: In 1993, the debate heated up in Canada about the

Posted By George smith

Question
In 1993, the debate heated up in Canada about the North American Free Trade Agreement (NAFTA), which proposed to reduce barriers to trade (such as taxes on, or limits to, imports) among Canada, the United States, and Mexico. Some people strongly opposed

Read More
Order the answer to: Which of the following statements are positive in nature and

business-economics

Order the answer to: Which of the following statements are positive in nature and

Posted By George smith

Question
Which of the following statements are positive in nature and which are normative?
a. A tax cut will raise interest rates.
b. A reduction in the payroll tax would primarily benefit poor and middle-class workers.
c. Payroll taxes are

Read More
Order the answer to: State a theory for why people vote for a specific

business-economics

Order the answer to: State a theory for why people vote for a specific

Posted By George smith

Question
State a theory for why people vote for a specific political party that potentially could satisfy the criteria for a useful theory given in the text. How would you go about testing your theory?

Subject
business-economics

Read More
Order the answer to: Prices were much higher in Canada in 2009 than in

business-economics

Order the answer to: Prices were much higher in Canada in 2009 than in

Posted By George smith

Question
Prices were much higher in Canada in 2009 than in 1914. Does this fact mean that people were economically better off in 1914? Why, or why not?

Subject
business-economics

Read More