Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
rhea:
--- Quote from: Arsenal<3 on June 08, 2010, 06:20:34 pm ---What part dont you understand :)
its non excludable
non rivalrous
non rejectablity
--- End quote ---
what part causes market failure?
1) under production?
2) since it is non-exculudable, everybody ppays taxes to finance the production of these public goods, when some of them might not be benefiting from their use?
rhea:
also,
conflict of economic growth and B.O.P?
can someone explain in detail?
elemis:
--- Quote from: rhea on June 08, 2010, 06:33:08 pm ---also,
conflict of economic growth and B.O.P?
can someone explain in detail?
--- End quote ---
Economic growth = high Aggregate demand. During econ growth people's incomes rise. They will be able to purchase more goods from abroad.
Thus imports increase. Imports may exceed exports and hence a Trade deficit may occur.
This is the skeleton answer. Fill it in and add some detail ;)
darknite12394:
--- Quote from: darknite12394 on June 08, 2010, 04:31:07 pm ---cud sum1 help me with this question ???
Explain how individual's earning might change over time?
--- End quote ---
can sum1 answer this question please?
rhea:
how do we explain income increase in economic growth?
high A.D.-greater demand for factors of pr=oduction-labour demand high-higher wages?
do we explain the multiplier effect?
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