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Author Question: Consider the following: The relative price of hamburgers this year has A) increased. B) ... (Read 92 times)

ec501234

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on: Jun 29, 2018
Consider the following: The relative price of hamburgers this year has
 
  A) increased.
  B) decreased.
  C) stayed the same.
  D) Not enough information has been given to calculate an answer.

Question 2

What is the type of economic system that relies on one central authority to make economic decisions?
 
  A) free market
  B) price system
  C) command and control
  D) mixed economic system


Mholman93

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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