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Author Question: The economic systems of the former Soviet Union, the People's Republic of China, and Cuba are best ... (Read 81 times)

TFauchery

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on: Jun 30, 2018
The economic systems of the former Soviet Union, the People's Republic of China, and Cuba are best classified as:
 a. traditional economies. b. command economies.
  c. market economies. d. decentralized economies.

Question 2

The impact of the multiplier effect is to:
 a. smooth out the up and down swings of the business cycle.
  b. promote price stability.
  c. magnify small changes in spending into much larger changes in real GDP.
  d. reduce the impact of an increase in investment on output and employment.


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soda0602

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

b

Answer to Question 2

c


TFauchery

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Reply 2 on: Jun 30, 2018
Excellent

mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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