Author Question: Which of the following is a characteristic of socialism? a. Rejection of central planning. b. ... (Read 59 times)

kwoodring

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Which of the following is a characteristic of socialism?
 a. Rejection of central planning.
  b. Government ownership of all factors of production.
  c. Government ownership of most of the factors of production.
  d. Private ownership of all factors of production.

Question 2

The equation for the spending multiplier is:
 a. 1 / (1  MPC).
  b. 1  MPC.
  c. 1  (MPC  MPS).
  d. MPC/MPS.
  e. none of these.



joanwhite

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Answer to Question 1

c

Answer to Question 2

a



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