Author Question: An economic system answers the , , and _ questions. a. when to produce, ... (Read 50 times)

michelleunicorn · **on:** Jun 30, 2018

An economic system answers the ________, ________, and _________ questions.
a. when to produce, where to produce, why we should produce
b. wealth, greed, power
c. money, markets, the business cycle
d. what to produce, how to produce, for whom to produce

Question 2

In the simple Keynesian Cross model, the equilibrium level of real disposable income is determined by:
a. the real interest rate.
b. prices.
c. aggregate expenditures.
d. aggregate supply.