This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following does not describe a pure market economy? a. The choices of buyers and ... (Read 55 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Which of the following does not describe a pure market economy?
 a. The choices of buyers and sellers determine the market prices of goods and services.
  b. Prices serve as signals to buyers and sellers.
 c. Prices and outputs of most goods and services are stable over time.
 d. Owners of resources in greater demand by others tend to have higher incomes.

Question 2

A change that shifted the long-run aggregate supply curve to the right would also shift the short-run aggregate supply curve to the right.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Thank you :)


catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
A food diary can help patients identify unhealthy eating habits and make healthy choices. A food diary can help patients identify unhealthy eating habits and make healthy choices.
Many Factors Influence Your Food Choices Many Factors Influence Your Food Choices
The Nutrient Fact Panel on the food label can help consumers make smart nutrition choices The Nutrient Fact Panel on the food label can help consumers make smart nutrition choices
Video: Methods that regulate pH

For a complete list of videos, visit our video library