FAQs tagged as

Economy Terminology

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  1. What does a large multiplier effect signify?

  2. What is the criteria for a simple random sample?

  3. Do any markets not exhibit asymmetric information?

  4. What are the benefits of using ceteris paribus assumptions in economics?

  5. Which has performed better historically, the stock market or real estate?

  6. How much of the global economy is comprised of the electronics sector?

  7. What is a barbell fixed-income strategy?

  8. How can I use the rule of 70 to estimate a country's GDP growth?

  9. What is the difference between systematic sampling and cluster sampling?

  10. How is a share premium account taxed?

  11. How do externalities affect equilibrium and create market failure?

  12. What is the difference between a mutual fund and money market fund?

  13. How can data assist operations management in increasing efficiency?

  14. How does pork barrel spending hurt the economy?

  15. How do fixed assets become impaired?

  16. What is 'capital' in relation to the factors of production?

  17. How valuable is the forward rate as an overall economic indicator?

  18. What incentives are there for a given country to enforce sustainable growth rate ...

  19. How do companies use price discrimination?

  20. What is the average return on equity for a company in the insurance sector?

  21. What governments have used the human development index (HDI) to set policy?

  22. What are the main differences between a mixed economic system and pure capitalism?

  23. What are some disadvantages of a mixed economic system?

  24. How can a change in fiscal policy have a multiplier effect on the economy?

  25. How did moral hazard contribute to the financial crisis of 2008?

  26. How are industrial goods different from consumer goods?

  27. What are some of the more common reasons divestiture occurs?

  28. What is the relationship between nominal GDP and PPP (purchasing power parity)?

  29. How can the problem of asymmetric information be overcome?

  30. What are some causes of structural unemployment?

  31. What is the difference between frictional unemployment and structural unemployment?

  32. What are some common features of a mixed economic system?

  33. What factors determine the strength of the crowding out effect?

  34. How does the Affordable Care Act affect moral hazard in the health insurance industry?

  35. How can a representative sample lead to sampling bias?

  36. What's the most expensive city in the world to live in?

  37. Can you calculate more than two inputs with the production possibility frontier?

  38. What's the difference between a representative sample and a convenience sample?

  39. How do economists measure positive and negative externalities?

  40. What is the difference between tier 1 capital and tier 2 capital?

  41. How accurate is the forward rate in predicting interest rates?

  42. What percentage of the population do you need in a representative sample?

  43. Is a good's production cost related to its value?

  44. What's the difference between a representative sample and a random sample?

  45. What institutions employ the human development index (HDI)?

  46. How were the figures 80 and 20 arrived at in the 80-20 rule (Pareto Principle)?

  47. What are the advantages of using a simple random sample to study a larger population?

  48. What's the difference between a representative sample and an unbiased sample?

  49. Can you accidentally engage in insider trading?

  50. What are some real-life examples of the economies of scope?

  51. How reliable or accurate is marginal analysis?

  52. How do companies use marginal analysis?

  53. What is the difference between marginal analysis and cost benefit analysis?

  54. Why are insurance companies and pension funds considered financial instruments?

  55. How is free enterprise affected by monetary policy?

  56. What are the key metrics of the human development index (HDI)?

  57. What is the difference between a simple random sample and a stratified random sample?

  58. How do markets account for systematic risk?

  59. What causes politicians or governments to begin "pork barrel" spending?

  60. How does the law of diminishing returns affect marginal revenue?

  61. What is the theory of asymmetric information in economics?

  62. How do command economies control surplus production and unemployment rates?

  63. How is marginal analysis used in making a managerial decision?

  64. How valid is the notion of economies of scope?

  65. How does price elasticity change in relation to supply and demand?

  66. How can marginal revenue increase?

  67. How do interest rate changes affect price elasticity in consumer discretionary goods?

  68. What is the difference between a capitalist system and a free market system?

  69. How do notaries reduce asymmetric information risk?

  70. What proportion of the global economy is comprised of banks?

  71. How does a monopoly contribute to market failure?

  72. Who developed the human development index (HDI) and why?

  73. What goods and services do command economies produce?

  74. How can you find the demand function from the utility function?

  75. How is a market failure prevented with regard to public goods?

  76. How is a market failure corrected?

  77. What factors influence competition in microeconomics?

  78. What are the advantages of free trade over mercantilism?

  79. What is the difference between adverse selection and moral hazard?

  80. How does money supply affect inflation?

  81. What are the different ways that utility is measured in economics?

  82. What caused the American Industrial Revolution?

  83. What types of assets and payments are recorded in the capital account?

  84. How does adverse selection contribute to market failure?

  85. How can industrialization affect the national economy of less developed countries ...

  86. How do commercial banks us the 'money multiplier' to create money?

  87. How much of the profitability in the Internet sector is concentrated in the few major ...

  88. What is the difference between consumer surplus and economic surplus?

  89. How is the basket of goods selected for the Consumer Price Index?

  90. How can you avoid the sunk cost trap?

  91. What does it signify about a given product if the consumer surplus figure for that ...

  92. How is it possible for a rate to be entirely risk-free?

  93. How do "factor endowments" impact a country's comparative advantage?

  94. How does mercantilism impede global economic growth?

  95. How does behavioral economics treat risk aversion?

  96. How do fixed and variable costs each affect the marginal cost of production?

  97. Which factors can influence a country's balance of trade?

  98. What are the advantages and disadvantages of stratified random sampling?

  99. How does the balance of trade impact currency exchange rates?

  100. According to the law of supply and demand, what is the effect of an increase or decrease ...

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