FAQs tagged as

Economy Terminology

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  1. What is the difference between asset-price inflation and economic growth?

  2. How is break-even analysis affected by economies of scale?

  3. What safeguards exist to prevent the abuse of power in a market economy?

  4. What impact does industrialization have on wages?

  5. What is human capital and how is it used?

  6. To what extent can a government intervene in a market economy?

  7. Why are price and quantity inversely related according to the law of demand?

  8. Does the law of demand in economics describe real human behavior?

  9. Are there any exceptions to the law of demand in economics?

  10. Is Pareto Efficiency the same thing as perfect competition?

  11. Do all economists believe in perfect competition?

  12. What does a strong null hypothesis mean?

  13. How does disposable income influence the marginal propensity to consume (MPC)?

  14. What inputs are considered to be factors of production?

  15. What is the difference between moral hazard and morale hazard?

  16. How can marginal utility explain the 'diamond/water paradox'?

  17. Should investors care more about microeconomics or macroeconomics?

  18. What are the four types of economic utility?

  19. What are some examples of stratified random sampling?

  20. Why do some economists consider entrepreneurship to be a factor of production?

  21. What's the difference between microeconomics and macroeconomics?

  22. What is GDP and why is it so important to investors?

  23. What is the concept of utility in microeconomics?

  24. Why do some analysts argue that trade deficits aren't bad for the economy?

  25. What are "booms" and "busts" in the business cycle?

  26. How are subsidies justifiable in a free market system?

  27. What causes businesses to fail during a downturn in the business cycle?

  28. What is the difference between a capital good and a consumer good?

  29. What are the advantages and disadvantages of a command economy?

  30. What is the difference between real and nominal interest rates?

  31. How does government policy impact microeconomics?

  32. How does an entrepreneur pay taxes?

  33. What is the difference between perfect and imperfect competition?

  34. How does an entrepreneur help the economy?

  35. Can a country be both a market economy and a socialist economy?

  36. What are the main differences between a market economy and a socialist economy?

  37. How do investment banks help the economy?

  38. Why do economists build assumptions into their economic models?

  39. What are the best measurements of economic growth

  40. How does economics study human action and behavior?

  41. How do different economic schools of thought treat the factors of production?

  42. What is "marginalism" in microeconomics and why is it important?

  43. What's the difference between monopoly and monopsony?

  44. What is the difference between deflation and disinflation?

  45. What is the relationship between human capital and economic growth?

  46. How does the landscape of the financial services sector in the U.S. compare to Canada?

  47. Why do some people consider the law of demand to be a tautology?

  48. Why is the multiplier effect associated with Keynesian economics?

  49. What is the difference between accounting and economics?

  50. What's the difference between regular supply and demand and aggregate supply and ...

  51. How would a true market economy ensure that the world never runs out of oil

  52. How does a nation's balance of payments affect its capital stock?

  53. What does the Ricardian Equivalence say about budget deficits?

  54. Are perfect competition models in economics useful?

  55. Why are there no profits in a perfectly competitive market?

  56. Is the United States considered a market economy or a mixed economy?

  57. How does the United States government measure economic growth?

  58. Do budget deficits "crowd out" the market?

  59. Which factors have the most influence on the law of demand?

  60. What causes recessions?

  61. What do economists believe causes economic growth?

  62. How does the balance of payments impact currency exchange rates?

  63. How do I calculate a discount rate over time, using Excel?

  64. How can LIBOR be used as an economic indicator?

  65. Why is LIBOR sometimes referred to as LIBOR ICE?

  66. Who determines the LIBOR rate?

  67. Where on the internet can I find LIBOR rate information?

  68. What are the nations with the highest PPP (purchasing power parity) with respect ...

  69. How is comparative advantage used as a justification for free trade policies?

  70. How is an economy formed and why does it grow?

  71. How important a metric is PPP (purchasing power parity?)

  72. What are the nations with the lowest PPP (purchasing power parity) with respect to ...

  73. Is real GDP a better index of economic performance than GDP?

  74. What is the functional difference between GDP and GNP?

  75. Is the law of supply and demand a law or just a hypothesis?

  76. Is economics a science?

  77. How does globalization impact comparative advantage?

  78. What are some of the limitations and drawbacks of economics as a field?

  79. Why do most economists favor capitalism?

  80. Is globalization purely an economic phenomenon?

  81. Are there any economic arguments in favor of deflation?

  82. What insights are economists trying to capture with GNP?

  83. What math skills do I need to study microeconomics?

  84. How do businesses calculate their marginal utility?

  85. Does the consumer or seller benefit more from a cash-on-delivery transaction?

  86. What kinds of topics does microeconomics cover?

  87. How long has the U.S. run fiscal deficits?

  88. If a particular good's price elasticity is high, does this mean the supplier should ...

  89. What is the effect of a fiscal deficit on the economy?

  90. What is the difference between fiscal deficit and federal debt, and which is worse?

  91. Which countries are most productive in terms of GDP?

  92. What are the differences between capitalism and socialism?

  93. What is the benefit of using real GDP over GDP?

  94. What is the history of the market economy?

  95. How does a nation transition from a socialist economy to a free market economy

  96. How does the invisible hand affect prices in the Microeconomic Pricing Model?

  97. What macroeconomic problems do policy makers most commonly face?

  98. Why do Keynesian economists focus on the lower boundary of interest rates?

  99. What is the difference between price inelasticity and inelasticity of demand?

  100. What are the differences between internal and external economies of scale?

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