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

Author Question: In a market system, decisions about how to allocate resources are made: a. by central planning ... (Read 71 times)

B

  • Hero Member
  • *****
  • Posts: 570
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
Answer to Question 1

c

Answer to Question 2

b




B

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library