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 41 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
Thanks for the timely response, appreciate it


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Excellent

 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library