Q. Illustrates what is the structural trouble (inflationary or recessionary gap) in the nation? Also why?
Q. Explicates how the factors determining resource demand differ from those determining product demand?
Q. If property rights are weak or uncertain, resource extraction will tend to: occur at the rate which would maximize the long-run stream of profits. Occur slower than the rate which would maximize the long-run stream of profits stop occurs faster than the rate which would maximize the long-run stream of profits.