« previous next »

Author Question: An economic system characterized by private ownership of the factors of production and economic ... (Read 168 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jun 30, 2018
An economic system characterized by private ownership of the factors of production and economic activity coordinated through a system of markets and prices is called:
 a. capitalism. b. socialism.
  c. communism. d. none of these.

Question 2

If the spending multiplier is equal to 4, then a 25 initial increase in investment spending will lead to a:
 a. 25 increase in real GDP.
  b. 1 decrease in real GDP.
  c. 1 increase in real GDP.
  d. 100 decrease in real GDP.
  e. 100 increase in real GDP.


BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Top down view of Olympus Mons, the highest known mountain in the solar system Top down view of Olympus Mons, the highest known mountain in the solar system
Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t
Relationship of the lymphatic system to the cardiovascular system. Relationship of the lymphatic system to the cardiovascular system.
A plastic mock-up of a Honda VTEC system that uses two different camshaft profiles: one for low ... A plastic mock-up of a Honda VTEC system that uses two different camshaft profiles: one for low ...
The U.S. military uses its own marking system to identify explosive hazards (left), chemical hazards ... The U.S. military uses its own marking system to identify explosive hazards (left), chemical hazards ...
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library