Explain why complexity economists argue that any decision has to take into account time.
Question:
Explain why complexity economists argue that any decision has to take into account time.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Complexity economists argue that time is a crucial factor that needs to be considered in decisionmaking because of the dynamic and evolving nature of complex systems Here are a few reasons why complex...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The article below discusses a topic called "inflation targeting". Read the article, then create a post in which you state (a) how inflation targeting is related to expectations in the economy, (b)...
-
answer the question clearly You are building a flight-control system for which a convincing safety case must be made. Would you assign the tasks of safety requirements engineering, test case...
-
Describe, in detail, how the heapsort algorithm works. [10 marks] Show that the worst-case cost of heapsort is O(n log n). [6 marks] Would it be possible to implement a variant of heapsort based on a...
-
The registers values in AX and BX can be exchanged using stack operations that are: Select one: a. PUSH bx PUSH ax POP bx POP AX b. none C. PUSH ax PUSH bx POP ax POP bx d. PUSH ax POP ax PUSH bx POP...
-
Maplebrook Spas provides the following data for the year just ended December 31st. Requirement Prepare the operating activities section of Maplebrook Spas' statement of cash flows for the year ended...
-
The comparative statements of Villa Tool Company are presented below. All sales were on account. The allowance for doubtful accounts was $3,200 on December 31, 2011, and $3,000 on December 31, 2010....
-
How may bank output be measured?
-
Sulfur dioxide and butadienes (B3 and B2) are to be stripped with nitrogen from the liquid stream as shown in Figure so that butadiene sulfone (BS) product will contain less than 0.05 mol% SO2 and...
-
Working in healthcare can be a life-long career, where valuable relationships are forged and cherished. For this discussion, we will consider the question "Should leaders be friends with those they...
-
Consider a world without markets. a. Why is money not necessary in this world? b. Does specialization exist in this world? Explain. c. Is exchange a feature of this world and, if so, what role do you...
-
Explain why complexity economics focuses on non-equilibrium analysis rather than equilibrium analysis.
-
During the month of April, Macon Co. had cash receipts from customers of $85,000. Expenses totaled $78,000, and accrual basis net income was $21,000. There were no gains or losses during the month....
-
Statement of Cashflows Analysis FY 2001 to FY 2022 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Net cash provided by operating activities 5,041,083 5,283,925 12,424,173 11,400,245 7,701,730...
-
How do chromosome segregation errors during meiosis and mitosis lead to aneuploidy and genomic instability, and what are the cellular mechanisms involved in detecting and correcting such errors?
-
Please add an extra 300 WC to this, I do not know what else to add without seeming circular. Introduction: There are many measures of economic development, such as Gross Development Product (GDP),...
-
0 and his even x = x(x/2) if n > 0 and n is odd Write a driver program which will prompt the user to input a real number and an integer n and uses your power method to compute xn. If n is negative,...
-
How does the B-Lab certification process work? What are the legal differences between a B Corporation and regular corporation
-
Supersonic airflow takes a 5° expansion turn, as in Fig. P9.141. Compute the downstream Mach number and pressure and compare with small-disturbance theory. Ma, 3 p,#100 kPa , P2 5
-
Refer to the table to answer the following questions. Year Nominal GDP (in billions) Total Federal Spending (in billions) Real GDP (in billions) Real Federal Spending (in billions) 2000 9,817 578...
-
3. Mr. and Mrs. Smith have just purchased a $600,000 house and have made a down payment of $120,000. They can amortize the balance at 4% for 30 years. a. calculate monthly payments. b. calculate...
-
A house with price of $250,000 20% down payment, loan amount $200.000 30-year fixed rate mortgage with interest rate as follows: Choice Rate Points 1 7% 0 2 6.75 1 3 6.25 3 Suppose that there is...
-
How much money should you save per year if you want to have $ 1,000,000 in 20 years. Corresponding interest rate is 13%? Answer:
Study smarter with the SolutionInn App