This topic contains a solution. Click here to go to the answer

Author Question: The economic system that answers the What, How and For Whom questions using prices determined by the ... (Read 28 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
The economic system that answers the What, How and For Whom questions using prices determined by the interaction of supply and demand is a:
 a. market economy. b. command economy
  c. soviet economy. d. traditional economy.

Question 2

The sum of consumption and investment is:
 a. total production.
  b. aggregate supply.
 c. aggregate disposable demand.
  d. aggregate expenditures.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

a

Answer to Question 2

d




justinmsk

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
Wow, this really help


tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library