291 prompts matching "Calculating GDP per head from the GDP and population figures given"
Spot my mistake: Confusing the law of diminishing returns with the economies of scale
Act as my SS3 Economics tutor. Write a short answer on confusing the law of diminishing re
Spot my mistake: Reading limited liability as a limit on what the company itself owes
Act as my SS3 Economics tutor. Write a short answer on reading limited liability as a limi
Spot my mistake: Assuming that removing the middleman always lowers the price the consumer pays
Act as my SS3 Economics tutor. Write a short answer on assuming that removing the middlema
Spot my mistake: Confusing the balance of trade with the balance of payments
Act as my SS3 Economics tutor. Write a short answer on confusing the balance of trade with
Spot my mistake: Assuming a country rich in natural resources must therefore be a developed one
Act as my SS3 Economics tutor. Write a short answer on assuming a country rich in natural
Spot my mistake: Reading a point inside the production possibility curve as impossible rather than inefficient
Act as my SS3 Economics tutor. Write a short answer on reading a point inside the producti
Spot my mistake: Confusing the geographical mobility of labour with its occupational mobility
Act as my SS3 Economics tutor. Write a short answer on confusing the geographical mobility
Spot my mistake: Assuming an indirect tax is borne entirely by the consumer
Act as my SS3 Economics tutor. Write a short answer on assuming an indirect tax is borne e
Spot my mistake: Treating a debenture holder as an owner of the company
Act as my SS3 Economics tutor. Write a short answer on treating a debenture holder as an o
Spot my mistake: Treating a rise in the price of one good as inflation
Act as my SS3 Economics tutor. Write a short answer on treating a rise in the price of one
Spot my mistake: Calling a tax progressive because the amount paid rises with income
Act as my SS3 Economics tutor. Write a short answer on calling a tax progressive because t
Spot my mistake: Assuming devaluation improves the balance of payments immediately
Act as my SS3 Economics tutor. Write a short answer on assuming devaluation improves the b
Spot my mistake: Assuming OPEC fixes the world price of crude oil directly
Act as my SS3 Economics tutor. Write a short answer on assuming OPEC fixes the world price
Let me explain: A movement along a supply curve against a shift of the curve
I have just studied a movement along a supply curve against a shift of the curve in my SS3
Let me explain: The systems of agriculture practised across West Africa
I have just studied the systems of agriculture practised across West Africa in my SS3 Econ
Let me explain: The difficulties of measuring national income in West Africa
I have just studied the difficulties of measuring national income in West Africa in my SS3
Let me explain: The objectives of development planning
I have just studied the objectives of development planning in my SS3 Economics class. Let
Let me explain: Why the production possibility curve is concave to the origin
I have just studied why the production possibility curve is concave to the origin in my SS
Let me explain: The role the price mechanism plays in each system
I have just studied the role the price mechanism plays in each system in my SS3 Economics
Let me explain: The determinants of elasticity of supply
I have just studied the determinants of elasticity of supply in my SS3 Economics class. Le