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Author Question: Which of the following is a characteristic of socialism? a. Rejection of central planning. b. ... (Read 52 times)

kwoodring

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on: Jun 30, 2018
Which of the following is a characteristic of socialism?
 a. Rejection of central planning.
  b. Government ownership of all factors of production.
  c. Government ownership of most of the factors of production.
  d. Private ownership of all factors of production.

Question 2

The equation for the spending multiplier is:
 a. 1 / (1  MPC).
  b. 1  MPC.
  c. 1  (MPC  MPS).
  d. MPC/MPS.
  e. none of these.


joanwhite

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

c

Answer to Question 2

a


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