« previous next »

Author Question: Which of the following correctly explains the role of the government in a free market? A) The ... (Read 34 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
on: Jun 30, 2018
Which of the following correctly explains the role of the government in a free market?
 
  A) The government acts as a referee by enforcing contracts and preventing stealing.
  B) The government sets prices according to the relative value of each good.
  C) The government allocates goods to those buyers who value the goods the most.
  D) The government sets production quotas for sellers in the market.

Question 2

Which of the following is TRUE?
 
  A) MPC + MPS = 1 B) MPC  MPS = 1 C) MPC - MPS = 1 D) MPC / MPS = 1


heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Free-roaming mustangs (Utah, 2005) Free-roaming mustangs (Utah, 2005)
The Role of the Monosynaptic Stretch Reflex in Postural Control The Role of the Monosynaptic Stretch Reflex in Postural Control
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
Many exhaust manifolds are constructed of pressed steel and are free flowing to improve engine ... Many exhaust manifolds are constructed of pressed steel and are free flowing to improve engine ...
Role of Productivity in Determining Output per Worker, 2009 Role of Productivity in Determining Output per Worker, 2009
Role of Productivity in Determining Growth, 1975–2009 Role of Productivity in Determining Growth, 1975–2009
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library