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in, to, of, while, by, who, which, on, since, through, where, however, for
a) Household is a group of people ... make economic decisions together.
In economic theory households have two roles: they enter the market as buye
rs or consumers ... goods and services produced ... firms and they provide ...
factor inputs ... firms ... order to produce those goods and services. The term
household" is used ... national income analysis, supply and demand
analysis it is replaced ... the term "consumer".
6) Black economy is nonmarket economic activity ... is not included... the
national income accounts, either because such activity does not pass ... the
market or because it is illegal. Illegal economic activity may exist in the usual
price system ... is determined ... demand and supply. Examples may be the
purchase and sale of illegal drugs ... the street, or alcohol ... the US prohibition
era... the 1920s.
..., some nonmarket activity is carried out... non-profit-making purposes.
For example, a housewife provides services ... her family. Other nonmarket activity
is done ... a barter basis, for example,... a mechanic serves a motor car of
an electrician ... in return helps the mechanic install light fittings (установить
осветительную аппаратуру)... the house.... there has been no money paid, the
activity does not add ... the GDP and so does not exist for statistics.
in, to, of, while, by, who, which, on, since, through, where, however, for
a) Household is a group of people ... make economic decisions together.
In economic theory households have two roles: they enter the market as buye
rs or consumers ... goods and services produced ... firms and they provide ...
factor inputs ... firms ... order to produce those goods and services. The term
household" is used ... national income analysis, supply and demand
analysis it is replaced ... the term "consumer".
6) Black economy is nonmarket economic activity ... is not included... the
national income accounts, either because such activity does not pass ... the
market or because it is illegal. Illegal economic activity may exist in the usual
price system ... is determined ... demand and supply. Examples may be the
purchase and sale of illegal drugs ... the street, or alcohol ... the US prohibition
era... the 1920s.
..., some nonmarket activity is carried out... non-profit-making purposes.
For example, a housewife provides services ... her family. Other nonmarket activity
is done ... a barter basis, for example,... a mechanic serves a motor car of
an electrician ... in return helps the mechanic install light fittings (установить
осветительную аппаратуру)... the house.... there has been no money paid, the
activity does not add ... the GDP and so does not exist for statistics.
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A) Household is a group of people who make economic decisions together. In economic theory households have two roles: they enter the market as buyers or consumers of goods and services produced by firms and they provide for factor inputs to firms in order to produce those goods and services. The term household" is used in national income analysis, supply and demand analysis it is replaced by the term "consumer".6) Black economy is nonmarket economic activity which is not included in. the national income accounts, either because such activity does not pass through the market or because it is illegal. Illegal economic activity may exist in the usual price system which is determined by demand and supply. Examples may be the purchase and sale of illegal drugs in the street, or alcohol during the US prohibition era of the 1920s. However, some nonmarket activity is carried out for non-profit-making purposes.
For example, a housewife provides services for her family. Other nonmarket activity is done on a barter basis, for example, while a mechanic serves a motor car of an electrician who in return helps the mechanic install light fittings in the house where there has been no money paid, the activity does not add to the GDP and so does not exist for statistics.