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An increase in the ROI(rate of interest) would increase the reward for saving money and hence increase consumers' incentives to save. This would reduce the levels of consumption in the economy and hence redu...

One positive impact of a merger could be due to economies of scale. One economy of scale that could occur is bulk buyinh economies of scale. As a firm gets larger and output increases through a merger, it wi...

Economic growth is a factor of economic development however it does not guarantee economic development. It depends on population growth, the extent the increase increase in GDP and various other factors.

Factors of production is an economic term that sets out the input that are used the prouction of goods and services to be sold on a market for profit. These factors of production are land, labor, capital and...

Level 1 - definitions of subsidies and highlight what is the market failure (in this case underconsumption of merit goods / positive externalities) and a short answer to the question also lay out how the ess...