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solmaris [256]
3 years ago
15

What is accomplished by efficient allocations of the factors of production?

Social Studies
1 answer:
Stolb23 [73]3 years ago
3 0

Answer:

An efficient allocation of resources is: That combination of inputs, outputs and distribution of inputs, outputs such that any change in the economy can make someone better off (as measured by indifference curve map) only by making someone worse off (pareto efficiency).

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Family life is prone to crisis because we deeply care about our family and what hurts one family member may be felt by all family members.

<h3>Why is family life prone to crisis? </h3>

There are numerous causes of the family crises, including:-

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It mostly occurs when a family has to change as it is the turning point in a family so things either get better or worse.

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<h3>What is Monetary policy?</h3>

The monetary authority of a country adopts monetary policy to regulate the money supply or the interest rate payable for very short-term borrowing, frequently in an effort to reduce inflation.

The central bank's macroeconomic policy is known as monetary policy. It is a demand-side economic strategy used by a nation's government to achieve macroeconomic goals like inflation, consumption, growth, and liquidity. It involves managing the money supply and interest rate.

Price stability is the main goal of monetary policy. In order to promote sustainable economic growth, the general price level in the domestic economy must remain as low and stable as possible in order to achieve the goal of price stability.

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