Author Question: The term socialism refers to which of the following? a. A religion centered on community ... (Read 45 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
The term socialism refers to which of the following?
 a. A religion centered on community interaction.
  b. An economic system characterized by private ownership of resources, and decentralized market allocation.
  c. An economic system characterized by government ownership of resources and centralized allocation.
  d. None of the above answers are correct.

Question 2

If an increase in investment of 50 causes an increase in real GDP of 250, the value of the spending multiplier is:
 a. 5.
  b. .20.
  c. .80.
  d. 3.
  e. 10.



debra928

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

c

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library