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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 Comentários 0 Compartilhamentos 8170 Visualizações 0 Anterior
- Factor of productionWhat is a factor of production? DefinitionFactors of production are the limited resources needed to create goods and services, including land, labor, capital, and entrepreneurial skills.In business terminology, this phrase also describes a resource that is used to create a product or service.Factors of production are divided into:- labor resources, or labor;- investment resources, or capital;-...0 Comentários 0 Compartilhamentos 8125 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 5527 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 19317 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 13306 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 4787 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 15386 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 4945 Visualizações 0 Anterior
- 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 Comentários 0 Compartilhamentos 22023 Visualizações 0 Anterior
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