« previous next »

Author Question: Central planning is a key characteristic of which economic system? A) free market B) price ... (Read 64 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Jun 29, 2018
Central planning is a key characteristic of which economic system?
 
  A) free market
  B) price system
  C) command and control
  D) mixed economic system

Question 2

The law of demand states that there is
 
  A) an inverse relationship between income and quantity demanded, ceteris paribus.
  B) a direct relationship between income and quantity demanded, ceteris paribus.
  C) no relationship between taste and quantity demanded, ceteris paribus.
  D) an inverse relationship between price and quantity demanded, ceteris paribus.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


qytan

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

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?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen
Receptors in the autonomic nervous system: (a) Sympathetic pathway: Ach is released at the ganglia ... Receptors in the autonomic nervous system: (a) Sympathetic pathway: Ach is released at the ganglia ...
The skeletal system. The skeletal system.
How to solve a linear system when the terms are fractions How to solve a linear system when the terms are fractions
Anatomy of Digestive System Anatomy of Digestive System
economic question economic question
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library