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Does the structure of the population issue?
Dependents into an economy, children as well as old people are assists by the economically active. Dependency ratio uses to measures the ratio of dependents to economically active. Middle age (Cet par) a high ratio decrease per capita incomes. High dependency ratio places a high burden upon government spending.
What are the major problems in measuring national income? The major problems in measuring national income: a. Unreliable statistics data collection is costly and the figu
Discuss about the free market economy in short. Free market economy: Households own resources and markets assign resources throughout the price mechanism. An increase wi
explain law of production
Is dependency a problem in Less Developed Countries? Problem: DCs exploit Less Developed Countries by extracting their surplus value. This value becomes the difference among
QUESTION (a) Explain what factors might determine the level of investment in an economy. (b) ‘If investment increases it will cause an increase in income. If income increase
There are many benefits to a free market economy. They range from the moral issues to the practical issues. We will deal mainly with the practical ones. Unprecedented innovati
law of variable propotions
Discuss, using examples the economic consequences of a sudden monopolization of an industry that had been previously been competitive
The reserve requirement is 20%. Assuming banks have no desire to hold excess reserves, calculate the money multiplier. Now assume the banks want to hold 20% of their reserves in ad
What is Baumol''s Sales Revenue
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