MICROECONOMICS
11th Edition
ISBN: 9781266686764
Author: Colander
Publisher: MCG
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Question
Chapter 2, Problem 2QAP
(a)
To determine
Check whether maximizing output is the goal of society.
(b)
To determine
Check whether maximizing output is the goal of society in a Christian country.
(c)
To determine
Goal of a Christian country.
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QUESTION 1
Choose the most correct answer to the following questions/phrases. Only write down
the question number and the letter of your answer.
1.1
economy.
(1)
1.1.1
Communism and Socialism are both examples of a
A
Planned
Market
C
Mixed
Open
1.1.2
In a
economy various aspects of production are determined by supply and
demand.
(1)
Planned
Market
Mixed
Оpen
1.1.3
An unfair and unethical phenomenon that does not occur in planned economies.
(1)
Social grants
Over-development
B.
Monopolies
Unemployment benefits
1.1.4
In a
economy consumer demand is predictable and controllable.
(1)
A
Planned
B.
Market
Mixed
Open
1.1.5
The flow of goods, services and knowledge over international borders.
(1)
Expansion
B.
Globalisation
Free flow
D.
Customs
[5]
Questions:
1. What do you think are the possible causes of
overpopulation in our country?
2. Is there any positive side of having huge
population in our country?
3. What do you think will be the implications of
this issue in our country?
4. Explain how the other field or sector in the
country will be greatly affected by overpopulation
in our country? (For example, in terms of food
supply etc.)
5. What do you think are the things that the
government should do to resolve this issue?
How does the economy defined the business financially
Chapter 2 Solutions
MICROECONOMICS
Ch. 2.1 - Prob. 1QCh. 2.1 - Prob. 2QCh. 2.1 - Prob. 3QCh. 2.1 - Prob. 4QCh. 2.1 - Prob. 5QCh. 2.1 - Prob. 6QCh. 2.1 - Prob. 7QCh. 2.1 - Prob. 8QCh. 2.1 - Prob. 9QCh. 2.1 - Prob. 10Q
Ch. 2.A - Prob. 1QECh. 2.A - Prob. 2QECh. 2.A - Prob. 3QECh. 2.A - Prob. 4QECh. 2.A - Prob. 5QECh. 2.A - Prob. 6QECh. 2.A - Prob. 7QECh. 2.A - Prob. 8QECh. 2 - Prob. 1QECh. 2 - Prob. 2QECh. 2 - Prob. 3QECh. 2 - Prob. 4QECh. 2 - Prob. 5QECh. 2 - Prob. 6QECh. 2 - Prob. 7QECh. 2 - Prob. 8QECh. 2 - Prob. 9QECh. 2 - Prob. 10QECh. 2 - Prob. 11QECh. 2 - Prob. 12QECh. 2 - Prob. 1QAPCh. 2 - Prob. 2QAPCh. 2 - Prob. 3QAPCh. 2 - Prob. 4QAPCh. 2 - Prob. 5QAPCh. 2 - Prob. 1IPCh. 2 - Prob. 2IPCh. 2 - Prob. 3IPCh. 2 - Prob. 4IPCh. 2 - Prob. 5IPCh. 2 - Prob. 6IP
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