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

Author Question: In a market economy: a. collective decision-making is more important than individual ... (Read 47 times)

lak

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
In a market economy:
 a. collective decision-making is more important than individual decision-making.
  b. goods and services are distributed as if by an invisible hand to those who can not afford them.
  c. profit provides an incentive to be productive.
  d. the distribution of wealth is equitably distributed.

Question 2

The formula to compute the spending multiplier is:
 a. 1 / (MPC + MPS).
  b. 1 / (1  MPC).
  c. 1 / (1  MPS).
  d. 1 / (C + I).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


lak

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Animal carcasses like this South African wildebeest provide important nutrition for both hunters and Animal carcasses like this South African wildebeest provide important nutrition for both hunters and
This pre-Anasazi community in Mesa Verde, Colorado, was carved into a cliff, making it nearly impreg This pre-Anasazi community in Mesa Verde, Colorado, was carved into a cliff, making it nearly impreg
Washing hands and removing jewelry are two important safety habits all service technicians ... Washing hands and removing jewelry are two important safety habits all service technicians ...
Sequencing a large chromosome by individual sequence determination of cloned fragments in sequences Sequencing a large chromosome by individual sequence determination of cloned fragments in sequences
Brain metabolism in a schizophrenic individual (left) and a normal individual (right). These scans o Brain metabolism in a schizophrenic individual (left) and a normal individual (right). These scans o
ATP, an important energy currency in cells ATP, an important energy currency in cells
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library