Business

Business, 22.07.2019 07:40, Darkknighta26

The classical model uses the assumption that question 45 options: a. monopoly is widespread in the economy. b. economic markets are fragile and have no tendency to move towards an equilibrium. c. interest rates are not flexible. d. all wages and prices are flexible.

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History, 13.07.2019 14:00, carterhoward

What was one economic reason for searching for oversea markets? the us economy was struggling at the time of the offset of imperialism. the us wanted to gain a monopoly on gold in other markets. production was growing and the growing need for new markets to condone economic relations with. the us was only interested in importing more goods from foreign markets.

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Business, 20.07.2019 04:30, xojade

Which of the following is true regarding this economic model? the fact that there are only two goods produced in this theoretical economy, when, in reality, economies produce many more types of goods, means this model is generally useless. this ppf is not an economic model. in order to construct such a model, an economist would need real life data regarding countries that only produce two goods. the fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.

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Business, 11.09.2019 00:10, glogang6670

Consider the following production possibilities frontier model for an economy that produces only two goods: barley and tablets. which of the following is true regarding this economic model? the fact that there are only two goods produced in this theoretical economy, when, in reality, economies produce many more types of goods, means this model is generally useless. this ppf is not an economic model. in order to construct such a model, an economist would need real life data regarding countries that only produce two goods. the fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.

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Business, 21.09.2019 01:20, isabellesmith51317

Consider the following production possibilities frontier model for an economy that produces only two goods: corn and smartphones. 0 20 40 60 80 100 100 80 60 40 20 0 smartphones (millions) corn (millions of bushels) ppf which of the following is true regarding this economic model? the fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts. this ppf is not an economic model. the fact that there are only two goods produced in this theoretical economy, when, in reality, economies produce many more types of goods, means this model is generally useless. in order to construct such a model, an economist would need real life data regarding countries that only produce two goods.

Answers: 2

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