This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a market system, decisions about how to allocate resources are made: a. by central planning ... (Read 97 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
In a market system, decisions about how to allocate resources are made:
 a. by central planning boards in each industry.
 b. by a lottery system.
 c. by individuals and firms interacting in markets coordinated by market prices.
  d. by large conglomerates working cooperatively with the government.

Question 2

The slower the rate of capital formation:
 a. the greater the rate of economic growth.
 b. the slower the rate of economic growth.
 c. the greater the rate of population growth.
 d. the slower the rate of growth of the money supply.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


B

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th
Properties of the Magnocellular, Parvocellular, and Koniocellular Divisions of the Visual System Properties of the Magnocellular, Parvocellular, and Koniocellular Divisions of the Visual System
Procedures and Diagnostic Tests Related to the Female Reproductive System Procedures and Diagnostic Tests Related to the Female Reproductive System
Major Degenerative Diseases of the Central Nervous System Major Degenerative Diseases of the Central Nervous System
The Olfactory System The Olfactory System
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Eczema

For a complete list of videos, visit our video library