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Author Question: In a market economy, the amount of a good that is produced is primarily decided by the interaction ... (Read 52 times)

Hungry!

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on: Jun 30, 2018
In a market economy, the amount of a good that is produced is primarily decided by the interaction of:
 a. buyers and sellers.
 b. all consumers.
 c. producers and input suppliers.
 d. producers and government planning committees.

Question 2

Which of the following factors contribute to economic growth?
 a. a decline in the stock of physical capital
 b. the discovery of new oil reserves
 c. a decrease in the productivity of labor
 d. a decrease in the quantity of labor due to emigration


pikon

  • Sr. Member
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  • Posts: 361
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


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