Q: did the economic activities of men and women began with the publication of the 'Wealth of Nations?
A: Adam Smith published 'Wealth of Nations' in the year 1776. It provided a basic foundation for…
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A: An economy includes all production of goods and services, all selling and buying and all employment.…
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A: The main capital of knowledge worker is knowledge.
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A: Government has the responsibility to provide the jobs because if the government does not provide the…
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A: Theory of Mercantilism : The Mercantilist maintained provided that the way from which any nation…
Q: Why is productivity important for the economy?
A: Productivity refers to the ratio of quantity of output to quantity of inputs. It describes how…
Q: What has changed in our communities because of global migration? b. How are people coping with the…
A:
Q: Watch the video clip The Corporation. After watching the video clip consider that labor is a derived…
A: Labor demand is said to be derived demand because it is heavily influenced by the product or output…
Q: why is the reason that some country are not yet developed
A: A country is said to be developed if it has advanced technology and advanced infrastructure. A…
Q: Adam Smith did not considered ________ as one of the component of production
A: According to the given question The components of the production in economics can be classified into…
Q: What is economic transition
A: A transitional economy is moving from a planned economy to one with a market economy framework.
Q: The demographic transition refers to: a. The increase in fertility rates and the number of…
A: Fertility rates are an importan population measure that determines the number of children that women…
Q: What are the two main factors that affect labor productivity?
A: The major two factors which are to be understood which affect the labor productivity are: Technical…
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A: Economics is a social science that studies product and service production, distribution, and…
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Explain how Marx's principle may or may not apply to today: - capitalism survives by exploiting…
A: Karl Marx believed that the capitalistic system is inherently exploitative and capitalists tend to…
Q: Does a mixed economy mean an economy where there is? A. Existence of capitalism B. Privatization,…
A: An economic system is a system by which government manage and distribute resources to a…
Q: How do the economic sectors differ?
A: Economic sectors refers to various different sectors of the economy each dealing with different…
Q: How do the major economic systems differ?
A: An economic system is defined as the means by which the society organizes and distributes its…
Q: Under what circumstances does labor productivity grow?
A: If the quantity of money increases, the value for money decreases. Hence, it will not account for…
Q: What is the best economic system?
A: Capitalism is an economic system in which the production and distribution are privately owned, the…
Q: Natural resources are: more important determinants of productivity today than ever before. the…
A: Natural Resources are defined as the resources that occur in nature and are used for consumption and…
Q: The law of increasing opportunity cost arises because of the lack of labour mobility?
A: Opportunity cost refers to the cost of trade offs between goods. If the consumer decides to consume…
Q: During the great depression the USSR had one of the strongest economies in the world how is that…
A: The great depression is known as the greatest economic crisis in the world economy which begun in…
Q: is an example of T OA. Writer Lawrence Hill; labour OB. An airport security guard; entrepreneurship…
A: In economics, the factors of production are often categorized into four main categories: land,…
Q: Going back to the Circular Flow Model, which elements are used to help explain trade in services?
A: Circular Flow Model helps in finding the national income of the economy. In two sector model, there…
Q: 1. Explain the economic problem of scarcity.
A: Scarcity refers to a situation in which there is a shortage of desired goods. Normal…
Q: When Main Street Bank buys new automatic teller machines, the quantity of land and natural resources…
A: An individual within the economy who decides to purchase assets can have a direct influence over the…
Q: Alain Bertaud critiques the development plan for Hanoi saying that it dismisses both land and labor…
A: A development plan is a strategic document that outlines the vision, goals, and objectives for the…
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- K Consider the following data: Country A B C Population (millions) 11 20 4 B C What is the per capita real GDP in each of these countries (Enter each response rounded to the nearest integer)? Country Per Capita Real GDP $6,500 Real GDP ($ billions) 52 59 75 $ Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Description Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information. Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? Show your work.in detail Part B: Calculate the opportunity cost of producing jeans for each country. Show your work in detail Part C: Calculate the opportunity cost of producing cell phones for each country. Show your work in detail Part D: Determine how many jeans should be produced by each nation. Show your work in detail. Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology in your…Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Please help reply to this discussion post. Needs to be minimum 150 words please "Globalization has a lot to untwine, but as I have read about it I kind of like the trend of globalization, the benefits of globalization and technical advancement are very similar. They have remarkably comparable outcomes: they boost national output and productivity, increase employment and salaries, and lower global product prices. Just like the rivalry in coca cola and PepsiCo there always competing and it helps that they are constantly bringing out new flavors or drinks and keeping prices low (for the most part). "13. After Latin American independence, its economy OA. became self-sufficient and isolated. B. underwent a period of fast industrialization. OC. became a major exporter of manufactured goods. D. remained similar to what it was during the colonial period. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Course: Macroeconomics Countries aim to improve and maintain the quality of life for their citizens. This works best when ____. income inequality is high, and the government is democratic consumption is high, and the government dictates the economic goals the trade balance is negative, and the government is stable income inequality is low, and the government is stable
- Typed plaza AsapSubject: OM | International Business and Trade Question: 3.How do you think the transition to a normal economy in Lebanon, after the war in 2006, would differ from the experiences of European countries after World War II? (Cite citations if needed)By using graph, explain how might a drought destroys half of all the farm crops for famers?
- INTERNATIONAL TRADE Background Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy. You are told that the new government is interested in moving away from agriculture and into manufacturing. To do so, the government wants to pursuit a policy of import substitution industrialisation (ISI). You are given a brief about Ghana highlighting the following points: About half of Ghana’s population depends on agriculture, but Ghana still imports some of its food. The majority of Ghana's people live in rural areas and exist on a subsistence way of life. Ghana has one of the highest rates of income inequality in the world. Nearly half of the population is employed in agriculture. QUESTION After a meeting with Ghana’s president you learn that the government is also interested in repatriating migrants that went to European countries to study engineering a decade ago. Explain how this is…“When a company “”exports jobs”” overseas, the company is __________________.”2 (2) WhatsApp Answered: Suppose there b Search results for 'betweer x between the years 2000 an x translate inggris - Penelusu x + O X A web.whatsapp.com Update H economics A st. Go to the wn the list of rith the fastest the forecast rates between the Nations. Fill in the column for the real GDP for each years 2000 and 2016 for India from the United year. Nominal per contents at Year cap GDP GDP Deflator Real GDP here are articles aragraph or two conditions in one 2000 430.7277284 57.36678064 2001 437.0571735 56.29168237 2002 449.2611259 56.71696401 growing or not 2003 517.4687782 61.28959225 2004 616.0236666 68.47409723 2005 709.7680483 73.34417561 e of the European outliers, the red lower growth tern Europe. Go > look at real GDP 4) in the data? Can the news why 2006 790.9944417 75.97529403 2007 991.3467178 88.04073962 2008 1048.161005 90.92663843 2009 1068.62321 86.677581 2010 1340.910324 100 2011 1500.853109 106.3463115 ing hember states? 5:50 PM tates in Eastern 2012 1473.301818…