Author Question: The term socialism refers to which of the following? a. A religion centered on community ... (Read 49 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
The term socialism refers to which of the following?
 a. A religion centered on community interaction.
  b. An economic system characterized by private ownership of resources, and decentralized market allocation.
  c. An economic system characterized by government ownership of resources and centralized allocation.
  d. None of the above answers are correct.

Question 2

If an increase in investment of 50 causes an increase in real GDP of 250, the value of the spending multiplier is:
 a. 5.
  b. .20.
  c. .80.
  d. 3.
  e. 10.



debra928

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

c

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library