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

Author Question: Which of the following does not describe a pure market economy? a. The choices of buyers and ... (Read 34 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Which of the following does not describe a pure market economy?
 a. The choices of buyers and sellers determine the market prices of goods and services.
  b. Prices serve as signals to buyers and sellers.
 c. Prices and outputs of most goods and services are stable over time.
 d. Owners of resources in greater demand by others tend to have higher incomes.

Question 2

A change that shifted the long-run aggregate supply curve to the right would also shift the short-run aggregate supply curve to the right.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Thank you :)


catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

The following terms describe types of body movement that occur at the diarthrotic joints The following terms describe types of body movement that occur at the diarthrotic joints
Pure Alexia in a Patient with Multiple Sclerosis Pure Alexia in a Patient with Multiple Sclerosis
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Japan’s Economy and Society Japan’s Economy and Society
Describe the development of atherosclerosis, including its role in the risk of heart disease Describe the development of atherosclerosis, including its role in the risk of heart disease
Stock Market Question Stock Market Question
Video: Bone Healing Animation

For a complete list of videos, visit our video library