Search results
Section 1: THE BASIC ECONOMIC PROBLEM. The nature of the economic problem. Learning summary. By the end of this chapter, you should understand: what is meant by wants and how these differ from needs. why resources are scarce and why this can explain the so-called ‘economic problem’. the difference between economic goods and free goods.
1 sie 2022 · We show that about half of the social disconnection across socioeconomic lines—measured as the difference in the share of high-socioeconomic status (SES) friends between people with low and...
16 wrz 2016 · The atlas provides us with information regarding the long-term evolution of the international trade system and demonstrates that, in terms of trade, the world is not flat but hyperbolic, as a ...
4 sty 2021 · The standard measure of economic activity is gross domestic product (GDP), which is calculated in the United States by the Bureau of Economic Analysis (BEA). GDP is defined as the total value of all final goods, services, and structures produced by a nation’s economy during a specified period—in other words, the total value of the
30 lis 2016 · The results provide a new perspective on the functional economic geography of the United States from a megaregion perspective, and shed light on the old geographic problem of the division of space into areal units.
This chapter focuses on the nature of the macroeconomic growth process that has characterized the United States experience, and manifested itself in the changing pace and sources of the rise of real output per capita in the U.S. economy during the past two hundred years. Our main inter-
The overall financial position of the United States as of 2014 includes $269.6 trillion of assets owned by households, businesses, and governments within its borders, representing more than 15.7 times the annual gross domestic product of the United States.
