what are the three economic questions answered?
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In the end, however, these choices boil down to three basic questions. The Three Fundamental Economic Questions: What to Produce, How, and for Whom? industrial nation like the United States—must answer three fundamental economic questions. Each society answers these questions differently, depending on its priorities.
780773
['How do we calculate income tax?', 'Do you think operating profit can be more than the gross profit?', 'Can you describe how Private Banking works?', 'Can you differentiate between current assets & fixed assets?', 'What is the difference between revenue and profit?']
1363450
['Question 1: How can you best support me today? ... ', 'Question 2: What is for my Highest and best good to do today? ... ', 'Question 3: What am I here to learn?']
931094
['Full employment.', 'Price stability.', 'A high, but sustainable, rate of economic growth.', 'Keeping the balance of payments in equilibrium.']
599463
['How much can I afford? ... ', 'How am I going to use it? ... ', 'What bells and whistles do I want? ... ', 'How much fuel does it use? ... ', 'How much are tires? ... ', 'How much warranty do I want? ... ', 'How much is insurance? ... ', "What is the interest rate? (And what's the term?)"]
969465
Of all the economic indicators, the three most significant for the overall stock market are inflation, gross domestic product (GDP), and labor market data. I always try to keep in mind where these three are in relation to the current stage of the economic cycle.
299226
['Number of Sellers. ... ', 'Prices of Resources. ... ', 'Taxes and Subsidies. ... ', 'Technology. ... ', "Suppliers' Expectations. ... ", 'Prices of Related Products. ... ', 'Prices of Joint Products.']
1113652
Question: An Economy's Potential Output Is Equal To $232 Billion, And Its Current Output Is Equal To $230 Billion. To Return The Economy To Long-run Equilibrium, The Government Should Increase Spending By $2 Billion.
224831
['Inflation. The rate at which the general level of prices for goods and services is rising is known as the inflation rate. ... ', 'Interest rates. ... ', 'Speculation. ... ', 'Balance of payments/current account deficit. ... ', 'Public debt.']
1096682
Question: 7) The Three Key Elements Of Any Partnership Are: A) Common Ownership In The Business, Sharing The Business' Profits Or Losses, And The Right To Participate In Managing The Business. B)
341820
The three questions concerning risk, return, and liquidity that you would ask a financial advisor before investing your savings are: What are the different risks in investing in this?; What could my return realistically be?; How much would be best to invest?
312798
['Traditional economic system. ... ', 'Command economic system. ... ', 'Market economic system. ... ', 'Mixed system.']
605759
['Real rate of return.', 'Inflation Premium.', 'Risk premium.']
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The Three Fundamental Economic Questions: What to Produce, How, and for Whom? industrial nation like the United States—must answer three fundamental economic questions. Each society answers these questions differently, depending on its priorities.
1002671
['To what extent should the government intervene in the market? ... ', 'How to define economic welfare? ... ', 'To what extent can the government / Central Bank influence the macro-economy? ... ', 'What is the difference between micro and macroeconomics?', 'What are the uses and limitations of economic data?']
1417312
What is the focus of macroeconomics? a variety of economy-wide phenomena is thoroughly examined such as, inflation, price levels, rate of growth, national income, gross domestic product and changes in unemployment. It focuses on trends in the economy and how the economy moves as a whole.
1330437
['Scarcity and Choice.', 'Efficiency(Productive & Allocative)', 'Price System(Demand and supply, utility and indifference curve)', 'Types of market structures(perfect competition, monopoly, oligopoly etc)', 'Factor market like the labour market.']