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- Aggregate demand in Keynesian analysisKey points Aggregate demand is the sum of four components: consumption, investment, government spending, and net exports. Consumption can change for a number of reasons, including movements in income, taxes, expectations about future income, and changes in wealth levels. Investment can change in response to its expected profitability, which in turn is shaped by...0 Comments 0 Shares 6013 Views 0 Reviews
- MacroeconomicsIf you want to sum up what economics means, you could do so with the following statement: Individuals and societies are forced to make choices because most resources are scarce. Economics is the study of how individuals and societies choose to allocate scarce resources, why they choose to allocate them that way, and the consequences of those decisions. Scarcity is...0 Comments 0 Shares 4286 Views 0 Reviews
- Methodology for describing a business idea and working materials for the development of a business ideaMethodology for describing a business idea and working materials for the development of a business idea Formation of a business idea 1. Explanations and recommendations for the formation of a business idea. A true entrepreneur is always full of ideas, big and small. An entrepreneurial idea should take into account the environment in which the company operates and rely...0 Comments 0 Shares 17099 Views 0 Reviews
- Open Source CodeOpen Source is software distributed as open source. Such an application can be modified (modified, supplemented) for your tasks without violating the copyrights of developers, as well as studied for vulnerabilities, used for the development of other programs, etc. The concept of open source software is an alternative to proprietary software that is distributed by commercial companies, with...0 Comments 0 Shares 12232 Views 0 Reviews
- ScarcityScarcity in microeconomics Imagine going to the store with only $10 to spend. You find two items you really want: a book and a movie. Unfortunately, you can't afford both. You have to make a choice. This is an example of scarcity in action. In microeconomics, scarcity refers to the idea that resources are limited. It applies to physical resources like land, water, and oil, as well...0 Comments 0 Shares 3669 Views 0 Reviews
- Scientific electronic resourcesScopusis the world's largest unified abstract and scientometric database (citation index), which indexes more than 18500 titles of scientific, technical and medical journals of approximately 5000 international publishers.The daily updated Scopus database includes records up to the first volume, the first issue of journals of leading scientific publishers.It provides unmatched support in the...0 Comments 0 Shares 13485 Views 0 Reviews
- Tracking inflationKey points Price level is measured by constructing a hypothetical basket of goods and services—meant to represent a typical set of consumer purchases—and calculating how the total cost of buying that basket of goods increases over time. The rate of inflation is measured as the percentage change between price levels over time....0 Comments 0 Shares 3832 Views 0 Reviews
- What Are Collateral Resources: Definition and ExamplesSection 1: Defining Collateral Resources We can think of collateral resources as a set of keys that help us open the doors to success. These keys can be physical things, such as tools, computers, or funds. They can also be virtual resources, such as knowledge, skills, or connections. Each of us has our own unique collateral resources that we can use to achieve our goals and dreams. But that...0 Comments 0 Shares 20457 Views 0 Reviews
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