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Author Question: It is essential to establish specific criteria to judge the performance of any economic system. One ... (Read 61 times)

stock

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on: Apr 19, 2019

Question 1

Which of the following questions is 
not answered by general equilibrium analysis?


◦ Are equilibria in different markets compatible with one another?
◦ Can all markets simultaneously be in equilibrium?
◦ How will a change in one market affect another market?
◦ What outcome is most desirable for the whole society?

Question 2

It is essential to establish specific criteria to judge the performance of any economic system. One such criterion is


◦ efficiency.
◦ profit opportunity.
◦ technological progress.
◦ achieving general equilibrium.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by stock on Apr 19, 2019

Brummell1998

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stock

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

amynguyen1221

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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