Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
someone:
--- Quote from: mido on June 08, 2010, 09:36:42 pm ---what is ment by regulation ??
--- End quote ---
a rule that regulates/affects smthing, in econ usually its connected to the rules about trade, where usually govt. impose tax to gain revenue/to reduce production(which reduces consumption) or when govt. regulating the amount of production by limiting the amount of production
mido:
what is the advantages of mixed economy is it the advantages of both planned and free market economy ?
someone:
--- Quote from: mido on June 08, 2010, 10:12:43 pm ---what is the advantages of mixed economy is it the advantages of both planned and free market economy ?
--- End quote ---
it allows both govt. and ppl to control the resource allocation
J.Darren:
--- Quote from: mido on June 08, 2010, 09:40:17 pm ---i dont know how to explain the macro-economic aims of the government?
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You will only be required to list them.
- Redistribution of income
- Trade balance
- Economic growth
- Price stability
- Full employment
J.Darren:
--- Quote from: mido on June 08, 2010, 09:36:42 pm ---what is ment by regulation ??
--- End quote ---
Laws imposed by the government on private producers that punishes them for activities that are associated with negative externalities.
- Pollution laws
- Red tape on foreign producers
- Product quality laws
- Worksite safety laws
- Minimum amount of domestic workers employed
- Minimum wage
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