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which of the following is a problem with the price system that can lead to fluctuations in the output?
Weegy: In macroeconomics, the question of why national output fluctuates is a very critical one. And though no one answer has been come up with, there are some factors which economists agree on which makes output go up and down. [ If we take growth into consideration, then most economists will agree that there are three basic sources for economic growth i.e. increases in labour, increase in capital and increase in efficiency of the factors of production. Just like increases in inputs of factors of production can cause output to go up, just like that, anything that causes labour, capital or efficiency to go down will cause a decline in output or at least a decline in its rate of growth. ] (More)
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Asked 6/5/2013 10:10:51 AM
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