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Author Question: Which one of the following is a key to economic development? A) an educated population B) the ... (Read 7 times)

DyllonKazuo

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on: Jun 30, 2018
Which one of the following is a key to economic development?
 
  A) an educated population
  B) the removal of property rights
  C) the preservation of established means of production
  D) a high level of protection against imported products

Question 2

Which of the following was an effect of the price ceiling placed on gasoline in the U.S. in the 1970s?
 
  A) Car owners started buying luxury cars that were less fuel-efficient as the price of gas was very low.
  B) Gas stations ran out of gas as the quantity of gas demanded exceeded the quantity supplied.
  C) Those who valued gas the most were able to buy gas under the price ceiling.
  D) The inventory of unsold gas increased and gas stations incurred losses.


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joanwhite

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


DyllonKazuo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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