Top answers

Why are some government bonds negative?

Government bonds have only become negative in recent years, and we partially explain this by adapting our standard demand-supply diagram. Unlike in a normal market, government bonds are not valued by price, ...
TO
Answered by Tristan O. • Economics tutor
2374 Views

Why is the demand for a Ford Car more 'elastic' than the demand for petrol?

Elasticity of demand refers to the sensitivity of demand in relation to price. In essence it measures how much the demand for a good changes in relation to its price. We know for most goods that the demand c...
SS
7829 Views

What is elasticity and why does it matter to economists?

Elasticity is, in general terms, the amount supply or demand will react to a change in another variable such as income or price. It is very important to economists as it will allow them to estimate economic ...
AB
Answered by Aodhan B. • Economics tutor
2573 Views

Why have Central Banks introduced Quantitative Easing? What other policies have been introduced in the 21st Century?

Central Banks have introduced Quantitative Easing (QE) as an additional mechanism to stimulate inflation in the economy.The two mechanisms that drive inflation (theoretically as this has not been proven as o...
Answered by • Economics tutor
1973 Views

Explain the market failures associated with increasing transport use.

A market failure is when an allocation of resources has a negative effect on a third party that is outside the market mechanism. The third party effects are negative externalities. Increasing transport use h...
Answered by • Economics tutor
9687 Views