Answer:
Explanation:
The main problem with the uneven distribution of information is that the people with more information can make decisions and judgements prior to the group meeting and can lead the group discussion to decisions they have already made,
Answer:
Explanation:
This could be due a number of factors.
1 Externality effect
2 There could also be market failure, when property rights are not properly defined.
Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.
Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.
Answer:Evensplitia operated SOCIALISM
Explanation:
Socialism is a political and economic system where every individual in the society controls the factors of production, it's means and distribution eg machinery, tools, factories used to produce goods to directly satisfy human wants and needs.
Here, ownership is acquired either through a democratically elected government or through a cooperative or a public corporation and everyone has shares.
Distribution decisions are made by the government or public corporation and individuals depend on the state for every basic thing. The government determines the output and pricing levels of these goods and services for the benefit of the community.
Answer:
b. 1 and 4
Explanation:
Current account contains information on a country's trade balance plus net income and direct payments
Export is when a country sells its product to other countries.
Import is when a country buys goods and services from other countries
When import exceeds export it means that the country is spending more than it receives as income from import. Thus, there's a deficit in the current account. A deficit occurs when import exceeds export
I hope my answer helps you