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Author Question: Market clearing prices in a market system act as A) a signaling device. B) a direct measure of ... (Read 122 times)

MirandaLo

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on: Jun 29, 2018
Market clearing prices in a market system act as
 
  A) a signaling device.
  B) a direct measure of resource costs.
  C) a way for producers to advertise.
  D) a legally determined rationing device.

Question 2

In economics, the word aggregate refers to
 
  A) the government.
  B) how individual households differ from each other.
  C) the public sector itself.
  D) an economy as a whole.


bigcheese9

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


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