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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 Kommentare 0 Geteilt 19KB Ansichten 0 Bewertungen
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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 Kommentare 0 Geteilt 12KB Ansichten 0 Bewertungen
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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 Kommentare 0 Geteilt 29KB Ansichten 0 Bewertungen
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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 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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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 Kommentare 0 Geteilt 11KB Ansichten 0 Bewertungen
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What are the different types of business models?A business model is a company’s strategy for generating revenue and profits by delivering value to its customers. It serves as the foundation of any business, helping define how a company operates, attracts customers, and sustains its activities over time. Over the years, businesses have developed various models to meet the evolving needs of consumers, technology, and market dynamics. In...0 Kommentare 0 Geteilt 7KB Ansichten 0 Bewertungen
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What Metrics Do You Use to Measure Recruiting Success?Recruiting success isn't just about filling open roles — it's about filling them effectively, efficiently, and with the right people. To ensure your recruitment process is truly delivering value, you need to track key metrics that offer insights into performance, costs, and outcomes. These metrics not only help evaluate current strategies but also guide improvements for future hiring...0 Kommentare 0 Geteilt 1KB Ansichten 0 Bewertungen