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

Author Question: One of the strengths of a socialist economy, according to those who advocate such a system, is that ... (Read 48 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
One of the strengths of a socialist economy, according to those who advocate such a system, is that government intervention will enable a more equitable distribution of income and therefore goods and services produced.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If MPC = 0.8 and the economy is in equilibrium 500 below full-employment equilibrium, how much should government spending change to achieve full employment?
 a. 100.
  b. +80.
  c. 80.
  d. +500.
  e. +100.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

e


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
:D TYSM

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Three Chamber Heart -- Circulatory System Three Chamber Heart -- Circulatory System
The male reproductive system. The male reproductive system.
Female urinary system. Female urinary system.
Center of Mass of a Binary Star System Center of Mass of a Binary Star System
A fuel-pressure graph after key on, engine off (KOEO) on a TBI system. A fuel-pressure graph after key on, engine off (KOEO) on a TBI system.
Male Reproductive System Male Reproductive System
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library