User: 10 distinction between economic static and dynamic?

Weegy: Ever thought of using a few more words so people can understand what you're thinking? The difference between static and dynamic economic analysis is that people change behavior when a variable changes. Static analysis would have predicted that the tax rate cuts in 2003 would reduce federal tax revenue, Dynamic analysis would tell you that more people will report more income as a result of the tax rate change and, therefore tax revenue would not fall.
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Weegy: Asked What is the distinction between social statics from social dynamics and said it was the same as What is social static and social dynamics 18 Nov 2009 04:36 ...
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