Author Question: In a market economy, ________ interact in markets to decide the answers to the fundamental economic ... (Read 43 times)

saliriagwu · **on:** Jun 29, 2018

In a market economy, ________ interact in markets to decide the answers to the fundamental economic questions.

A) the judicial and legislative branches of the federal government
B) large corporations
C) households and firms
D) state and local governments

Question 2

If you spend more of your income on consumption goods, which of the following will occur?

A) Economic growth will be stimulated.
B) For every dollar you spend on consumption, real GDP will fall by a dollar.
C) Investments in education will rise.
D) The production of investment goods will fall.