Question

what is statics ecpnomy​

Answer 1

Answer:

Static economics does not deal with the unexpected changes. It studies only the expected economic activities. There are no windfall changes or fluctuations in economic activities. According to Prof. Harrod, “An economy in which rates of output are constant is called static.”

Answer 2

${\mathtt{\huge{\underline{H᭄ey \: Mate }}}}$

There are no windfall changes or fluctuations in economic activities. According to Prof. Harrod, “An economy in which rates of output are constant is called static.” Economic activities are repeated in different time periods in a static economy. No changes in economic activities occur.❤