Would it be possible to have a viable economic model that was not contigent on consumer spending? What would it look like?

Would it be possible to have a viable economic model that was not contigent on consumer spending? What would it look like?
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We had one before WWll. Watch thestoryofstuff.com.
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6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment spending is $2000. In order to avoid recessions and inflation (to have equilibrium), the government should have a: a. balanced budget b. budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Last Answer : c. budget surplus of $1000

4. For which of the following reasons might inflation cause Real GDP to grow slower than it otherwise would? a. Inflation makes everyone poorer b. Inflation reduces the value of consumer debt c. Inflation increases business investment spending d. Inflation decreases savings in financial form

Description : 4. For which of the following reasons might inflation cause Real GDP to grow slower than it otherwise would? a. Inflation makes everyone poorer b. Inflation reduces the value of consumer debt c. Inflation increases business investment spending d. Inflation decreases savings in financial form

Last Answer : d. Inflation decreases savings in financial form

Which of the following is not an economic problem? (1) Deciding between paid work leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Description : Which of the following is not an economic problem? (1) Deciding between paid work leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Last Answer : (3) Deciding between alternative methods of personal savings Explanation: The Theory of Economic Problem states that scarcity exists in the sense that only finite and insufficient resources are ... to allocate scarce resources to the provision of various goods and services within the economy.

The balance of payments equals (a) The difference between household spending over earnings (b) The difference between government expenditure over its income © A measure of the value of economic transactions between residents of a country and rest of the world (d) The difference between inflation and unemployment.

Description : The balance of payments equals (a) The difference between household spending over earnings (b) The difference between government expenditure over its income © A measure of the value of economic ... a country and rest of the world (d) The difference between inflation and unemployment.

Last Answer : © A measure of the value of economic transactions between residents of a country and rest of the world

Which of the following is not an economic problem ? (1) Deciding between paid work and leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Description : Which of the following is not an economic problem ? (1) Deciding between paid work and leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Last Answer : Deciding between different ways of spending leisure time

Seed which do not remain viable for long time at low temperature is called – a. Orthodox seed b. Recalcitrant seed c. Dry seed d. None of these

Description : Seed which do not remain viable for long time at low temperature is called – a. Orthodox seed b. Recalcitrant seed c. Dry seed d. None of these

Last Answer : b. Recalcitrant seed

Inability of a hybrid to produce viable offsprings is known as a. Hybrid b. sterility c. Hybrid inviability d. Hybrid breakdown e. All of these

Description : Inability of a hybrid to produce viable offsprings is known as a. Hybrid b. sterility c. Hybrid inviability d. Hybrid breakdown e. All of these

Last Answer : a. Hybrid

How did mass production of production change consumer spending?

Description : How did mass production of production change consumer spending?

Last Answer : What is the answer ?

In terms of consumer demand and spending behaviour, marketers are most interested in 1. wealth 2. consumer credit 3. disposable income 4. pretax income 5. high incomes

Description : In terms of consumer demand and spending behaviour, marketers are most interested in 1. wealth 2. consumer credit 3. disposable income 4. pretax income 5. high incomes

Last Answer : disposable income

A spending pattern that indicates the annual amounts households spend for particular VU Cafeteria products within a general product class is called: A)a consumer spending pattern B)a product specific spending pattern C)a behavioural spending pattern D)a comprehensive spending pattern E)an average spending pattern

Description : A spending pattern that indicates the annual amounts households spend for particular VU Cafeteria products within a general product class is called: A)a consumer spending pattern B)a product ... C)a behavioural spending pattern D)a comprehensive spending pattern E)an average spending pattern

Last Answer : b)a product specific spending pattern

In terms of consumer demand and spending behaviour, marketers are most interested in: A)wealth VU Cafeteria B)consumer credit C)disposable income D)pretax income E)high incomes

Description : In terms of consumer demand and spending behaviour, marketers are most interested in: A)wealth VU Cafeteria B)consumer credit C)disposable income D)pretax income E)high incomes

Last Answer : C)disposable income

The costs of marketing activities account typically for what proportion of consumer spending on goods and services? A)one half B)one third C)one fourth D)one fifth

Description : The costs of marketing activities account typically for what proportion of consumer spending on goods and services? A)one half B)one third C)one fourth D)one fifth

Last Answer : A)one half

Consumption demand does not depend upon the level of (a) Income ; (b) Propensity to consume ; (c) Consumer spending ; (d) Marginal efficiency of investment.

Description : Consumption demand does not depend upon the level of (a) Income ; (b) Propensity to consume ; (c) Consumer spending ; (d) Marginal efficiency of investment.

Last Answer : (d) Marginal efficiency of investment.  

I am looking for online resources for aggregated statistics on corporate spending and earnings in the US, help?

Description : I am looking for online resources for aggregated statistics on corporate spending and earnings in the US, help?

Last Answer : So you mean for all of the companies in the U.S. or individual companies?

Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Description : Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Last Answer : (3) Controlling government spending Explanation: A central bank, reserve bank, or monetary authority is a public institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.

In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Description : In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Last Answer : (1) the pattern of consumers' spending Explanation: In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to ... is determined by producers, and who gets the products depends upon the purchasing power of consumers.

“Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Description : Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government ... spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

Which of the following is an automatic stabilizer? a. unemployment benefits b. spending on education c. defense spending d. net interest

Description : Which of the following is an automatic stabilizer? a. unemployment benefits b. spending on education c. defense spending d. net interest

Last Answer : a. unemployment benefits

7. Which of the following statements is/are true? a. Business Investment Spending occurs when individuals buy stock in the stock market b. Productivity is the United States grew very slowly between 1973 and 1996 c. Because of discouraged workers, the official unemployment rate is too high d. “Full employment” occurs when there is no frictional unemployment

Description : 7. Which of the following statements is/are true? a. Business Investment Spending occurs when individuals buy stock in the stock market b. Productivity is the United States grew very slowly ... unemployment rate is too high d. Full employment occurs when there is no frictional unemployment

Last Answer : b. Productivity is the United States grew very slowly between 1973 and 1996

10. “Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Description : 10. Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a ... investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

9. Which of the following is an automatic stabilizer? a. unemployment benefits b. spending on education c. defense spending d. net interest

Description : 9. Which of the following is an automatic stabilizer? a. unemployment benefits b. spending on education c. defense spending d. net interest

Last Answer : a. unemployment benefits

7. According to Keynes, when the Great Depression started, the government should have: a. done nothing b. decreased the money supply c. had a large increase in government spending d. enacted high tariffs, such as the Smoot-Hawley Tariff

Description : 7. According to Keynes, when the Great Depression started, the government should have: a. done nothing b. decreased the money supply c. had a large increase in government spending d. enacted high tariffs, such as the Smoot-Hawley Tariff

Last Answer : c. budget surplus of $1000

Inclusive governance includes a. Allowing NBFCs to do banking b. Increase government spending on health c. Strengthening mid-day meals scheme d. All the above

Description : Inclusive governance includes a. Allowing NBFCs to do banking b. Increase government spending on health c. Strengthening mid-day meals scheme d. All the above

Last Answer : d. All the above Inclusive governance denotes inclusion of schemes and other measures for benefit of all the sections of the society.

The idea that irrespective of how a government chooses to increase spending, either by debt financing or tax financing, the outcome will be the same and demand will remain unchanged, is popularly known as: a) Ricardian theory of equivalence b) Ricardian theory of competitive advantage c) Ricardian theory of stability d) None of the above

Description : The idea that irrespective of how a government chooses to increase spending, either by debt financing or tax financing, the outcome will be the same and demand will remain unchanged, is popularly ... b) Ricardian theory of competitive advantage c) Ricardian theory of stability d) None of the above

Last Answer : a) Ricardian theory of equivalence David Ricardo was a British political economist and his most famous theory was that of comparative advantage (along with above theory of Ricardian ... nation should use its resources solely in industries where it has the most international competitiveness

Which of the following is not a component of GDP? (a) Government spending (b) Investment © Interest (d) Net exports

Description : Which of the following is not a component of GDP? (a) Government spending (b) Investment © Interest (d) Net exports

Last Answer : © Interest

Demand pull inflation may be caused by (a) An increase in cost (b) A decrease in interest rate © A reduction in government spending (d) An outward shift of aggregate supply.

Description : Demand pull inflation may be caused by (a) An increase in cost (b) A decrease in interest rate © A reduction in government spending (d) An outward shift of aggregate supply.

Last Answer : (b) A decrease in interest rate

The marginal propensity to consume is equal to (a) Total spending/Total consumption (b) Total consumption/ Total income. © Change in consumption/ Change in income (d) Change in consumption/ Change in savings.

Description : The marginal propensity to consume is equal to (a) Total spending/Total consumption (b) Total consumption/ Total income. © Change in consumption/ Change in income (d) Change in consumption/ Change in savings.

Last Answer : © Change in consumption/ Change in income

Lower interest rates are likely to (a) Decrease consumption. (b) Increase cost of borrowing. © Encourage saving. (d) Increase borrowing and spending.

Description : Lower interest rates are likely to (a) Decrease consumption. (b) Increase cost of borrowing. © Encourage saving. (d) Increase borrowing and spending.

Last Answer : (d) Increase borrowing and spending.

An increase in consumption at any given level of income will lead to (a) Higher aggregate demand. (b) An increase in exports. © A fall in taxation revenue. (d) A decrease in import spending.

Description : An increase in consumption at any given level of income will lead to (a) Higher aggregate demand. (b) An increase in exports. © A fall in taxation revenue. (d) A decrease in import spending.

Last Answer : (a) Higher aggregate demand.

Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Description : Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Last Answer : Controlling government spending

In a free enterprise economy, resource allocation is determined by (1) the pattern of consumers’ spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

Description : In a free enterprise economy, resource allocation is determined by (1) the pattern of consumers’ spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors 

Last Answer :  the pattern of consumers’ spending

What happened to this video about Economic Spending?

Description : What happened to this video about Economic Spending?

Last Answer : I believe you may be hunting for this: http://www.youtube.com/watch?v=pZsY1rFr_yw&feature=related Here's one that I believe describes what has happened in a way that many people not ... in American history: http://4.bp.blogspot.com/_H2DePAZe2gA/STAqqdE8CfI/AAAAAAAAGks/WrursaMDRIM/s1600-h/expend.png

Where is a good place to look for economic information?

Description : Where is a good place to look for economic information?

Last Answer : answer:Check out the Consumer Price Index monthly release. The CPI is put out by the Bureau of Labor Statistics. It shows how much prices have changed each month by category of spending. The Current ... projections for the quarter for selected firms, but I don't know how they selected the firms.

Is it possible to have freedom of speech or press without economic freedom?

Description : Is it possible to have freedom of speech or press without economic freedom?

Last Answer : Yes, that is what there is in some European countries.

Is it possible to give a website the following features without spending huge amounts of money?

Description : Is it possible to give a website the following features without spending huge amounts of money?

Last Answer : Do it yourself. You’re not looking for anything highly exotic, but you won’t even find someone in India working for a few bucks an hour that will deliver all that for under $100.

Why are different water harvesting systems considered a viable alternative both socio economically and environmentally in a country like India ? -SST 10th

Description : Why are different water harvesting systems considered a viable alternative both socio economically and environmentally in a country like India ? -SST 10th

Last Answer : (i) Water harvesting is a very cheap and affordable method of conservation of water. (ii) Indian people have in-depth knowledge of rainfall regime and soil type. They have ... needs. (iii) Rainwater harvesting techniques are more environmental friendly as compare to multipurpose river projects.

Why are different water harvesting systems considered a viable alternative both socio - economically and environmentally in a country like India? -SST 10th

Description : Why are different water harvesting systems considered a viable alternative both socio - economically and environmentally in a country like India? -SST 10th

Last Answer : No single method can be applicable everywhere. It is true in rain case of water harvesting system too, as geographically there are different regions. Different regions have different methods. (i) ... are converted into ponds where rainwater is collected. All these methods are very easy and viable

Why are different water harvesting systems considered a viable alternative both socioeconomically and environmentally in a country like India? -SST 10th

Description : Why are different water harvesting systems considered a viable alternative both socioeconomically and environmentally in a country like India? -SST 10th

Last Answer : Keeping into view the disadvantages and rising resistance against the multi-purpose projects, water harvesting system is considered a viable alternative both socio-economically and environmentally. (i) In ... Khadins, Johads and Tanks are the forms of rain water harvesting practised in Rajasthan.

Why is extraction of aluminium not commercially viable by using reducing agents like coke? OR Coke is used in the extraction of iron but not in the extraction of aluminium. Why? OR Aluminium cannot be extracted by heating bauxite and coke. Why?

Description : Why is extraction of aluminium not commercially viable by using reducing agents like coke? OR Coke is used in the extraction of iron but not in the extraction of aluminium. Why? OR Aluminium cannot be extracted by heating bauxite and coke. Why?

Last Answer : Oxygen of aluminium oxide cannot be easily taken away by reducing agents like coke.

Which of the following are consumer semi-durable goods? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Description : Which of the following are consumer semi-durable goods? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Last Answer : (3) Foodgrains and other food products Explanation: Goods which are neither indestructible nor lasting are defined as Semi Durable Goods. They fall in the category between Durable Goods and ... are clothing or preserved foods: vehicles and electronic home appliances are classified as Durable Goods.

Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Last Answer : (1) consumers are free to spend their income as they like. Explanation: Consumer sovereignty means that buyers ultimately determine which goods and services remain in production. In unrestricted markets, ... to motivate producers. So ultimately it means how the consumers want to spend their incomes.

Which of the following are consumer semi-durable goods ? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Description : Which of the following are consumer semi-durable goods ? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Last Answer : Foodgrains and other food products

Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Description : Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Last Answer :  consumers are free to spend their income as they like.

How much paint do you have to drink, to believe that drinking your own urine is a viable cure for Covid?

Description : How much paint do you have to drink, to believe that drinking your own urine is a viable cure for Covid?

Last Answer : I heard that some anti-vaxxers in the Northern states started eating yellow snow, to combat stupidity.

Could post corporeal existence be a viable form of life?

Description : Could post corporeal existence be a viable form of life?

Last Answer : According to many people, yes to the parts abut spirits that survive (and precede) corporeal death, and alien visitors.

As a follow up to the other question, why do some of you deem a fetus “human” before it is viable extra-utero?

Description : As a follow up to the other question, why do some of you deem a fetus “human” before it is viable extra-utero?

Last Answer : Because they’ve inherited the language of a bad argument. The question of whether or not a fetus is biologically human has nothing to do with whether or not it counts as a moral person.

Is there any viable alternative to plastic?

Description : Is there any viable alternative to plastic?

Last Answer : None that I am aware of, and I take interest in such things. The only hope of replacements is what there was before plastic: wood, glass, combinations of cotton or some other organic material and a biodegradable glue to hold it together.

Are low cost Epinepherine, Ana-Kits viable alternatives to expensive Epipens?

Description : Are low cost Epinepherine, Ana-Kits viable alternatives to expensive Epipens?

Last Answer : The kits were so inexpensive I used to keep some in my car and motorcycle “just in case”.

How long before there is a viable fully electric, tractor trailer and what would that mean for the petro industry?

Description : How long before there is a viable fully electric, tractor trailer and what would that mean for the petro industry?

Last Answer : It will never happen. The batteries required to transport cargo long distances would fill the trailer (displacing any and all cargo) and take forever to recharge. Diesel was, is, and will be the power in trucks. Any one who thinks electric power will work in heavy-duty trucks is dreaming!

Are a woman's frozen eggs less viable than if those eggs are fertilized and preserved as embryos?

Description : Are a woman's frozen eggs less viable than if those eggs are fertilized and preserved as embryos?

Last Answer : answer:Good question. I was interested enough to go and have a look at this and it seems that fertilised eggs - embryos - are much easier to freeze/thaw than unfertilised eggs. It's to do with the ... this was happening now, this method could be offered. And, given the facts of this case, should be