Economics: Today and Tomorrow Questions and Answers

Economics: Today and Tomorrow

In order to understand this correctly, we need to think carefully about what all the numbers here mean. Let us go through them all. You have a population of 230 million adults in the US that are...

Latest answer posted October 9, 2013 8:45 pm UTC

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Economics: Today and Tomorrow

In a free market economy, the price of a good and the amount of it that is sold are set by the forces of supply and demand. When the price reaches a point where the amount that consumers can and...

Latest answer posted October 12, 2013 2:58 pm UTC

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Economics: Today and Tomorrow

Banks are required to maintain a specific percentage of the amount that they can lend with themselves in liquid assets. This is done to ensure that if the lenders to the bank want to withdraw their...

Latest answer posted October 14, 2011 3:03 pm UTC

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Economics: Today and Tomorrow

European feudalism was established to address the issues brought about by a weak central government after the fall of the Roman Empire. Kings had limited power to protect their territories hence...

Latest answer posted February 19, 2015 8:17 am UTC

1 educator answer