The advantage of a centrally planned economy

Assignment Help Macroeconomics
Reference no: EM13199158

What is one advantage of a centrally planned economy? 


A. low unemployment due to guaranteed jobs 
B. high levels of consumer satisfaction 
C. quick adjustment to changing conditions 
D. incentives for workers have new ideas 

Reference no: EM13199158

Questions Cloud

Write a system of inequalities : write a system of inequalities that models the possible dimensions of the garden
Current stock valuation modeling : Get the intrinsic values and make a recommendation to buy or hold the stock - Current stock valuation modeling
What must be the amount of the finance charge : The store uses the unpaid balance method. According to this information, what must be the amount of the finance charge?
For what values of p is the population in equilibrium : Consider the population model dP/dt=.3(1-P/200)(P/50-1)where P(t) is the population at time t. For what values of P is the population in equilibrium?
The advantage of a centrally planned economy : What is the advantage of a centrally planned economy. low unemployment due to guaranteed jobs or high levels of consumer satisfaction or else.
Interpret the practice of prostitution : You are a sociologist who uses the conflict perspective to study various aspects of our society. How do you think you would interpret the practice of prostitution? Contrast this view with the functionalist perspective.
Find the constant of variation : The volume of a cone varies jointly as the height and the square of the radius of the base. A cone height 8 cm and a base of diameter 9 cm has volume 54π. Find the constant of variation and use it to develop the general formula for the volume of a..
Write an equation for the profit : If $40 is charged for a set up fee, and the monthly hanger rental is $800; write an equation for the profit, P, in terms of x.
State development differs from the life-span approach : Describe how the traditional approach to development differs from the life-span approach. 2 what are cephalocaudal and proximodistal patters of development

Reviews

Write a Review

Macroeconomics Questions & Answers

  How will this policy affect national saving

Suppose Congress (in an attempt to stimulate the economy in both the short and long run) passes an investment-tax credit, which subsidizes domestic investment. How will this policy affect (comparing the state of the economy prior to the enactment o..

  Describe events that might lead to a disequilibrium

Describe events that might lead to a disequilibrium in the market for gasoline.

  Determine the impact of an raise in production technology

Ceteris Paribus means all other things being equal. In the Keynesian, Classical, and Solow model, determine the impact of an raise in production technology

  Describing canadian money supply

What money supply must the Bank of Canada set next year if it wants to keep the price level stable? What money supply must the Bank of Canada set next year if it wants inflation of the ten percent?

  What are the three methods in order to be equipped

What are the three methods in order to be equipped with the tools necessary for evaluating a market's equilibrium.

  Explain how does your firm use technology to strategic

Identify which economic and political policies affect your firm and explain how they impact business decisions. Explain how does your firm use technology to strategic advantage.

  Elucidate the percentage rate of full employment

Elucidate the percentage rate of Full Employment and Inflation that that these two organizations try to keep as its target.

  Explain how does a business describe increase or decrease

Explain how does a business describe whether to increase or decrease the price of the product it sells in order to increase revenue

  Explain how will unskilled workers adapt to a workplace

Explain how will unskilled workers adapt to a workplace requiring more skilled workers and fewer unskilled workers.

  Explain how should she reallocate her expenditures

Explain how should she reallocate her expenditures among the two goods.

  Explain why would this be described

Explain why would this be described as a Prisoner's Dilemma game.

  Select nation from the index and bring in additional source

Select a nation from the Index and bring in additional source material to explain its ranking and how it has changed over the last 5-10 years.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd