Which of the following correctly explains the role of the government in a free market?
A) The government acts as a referee by enforcing contracts and preventing stealing.
B) The government sets prices according to the relative value of each good.
C) The government allocates goods to those buyers who value the goods the most.
D) The government sets production quotas for sellers in the market.
Question 2
Which of the following is TRUE?
A) MPC + MPS = 1 B) MPC MPS = 1 C) MPC - MPS = 1 D) MPC / MPS = 1
Free Samples
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Which row identifies correctly the excitatory and inhibitory neurons? Select one:
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Growth of Government Spending, 1870–2009