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

Author Question: Property rights allowing individuals to own goods, services, and factors of production are most ... (Read 85 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Property rights allowing individuals to own goods, services, and factors of production are most important in:
 a. socialistic economies. b. planned economies.
  c. capitalistic economies. d. command economies.

Question 2

Suppose real GDP is 800 billion when the MPC is 0.80, and people decide to increase their saving by 30 billion. Before this change, the economy was in equilibrium with people intending to save 100 billion and producers intending to invest 100 billion. The new equilibrium level of real GDP is:
 a. 600 billion.
  b. 650 billion.
  c. 680 billion.
  d. 730 billion.
  e. 800 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vseab

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Factors that contribute to the growth of family members. Factors that contribute to the growth of family members.
Failure of the Equal Rights Amendment, 1972–1982 Failure of the Equal Rights Amendment, 1972–1982
Sociologists study the social factors that underlie human behavior, the experiences that mold us, ... Sociologists study the social factors that underlie human behavior, the experiences that mold us, ...
Trees provide ecosystem services to people Trees provide ecosystem services to people
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
Expansion factors for venturi flowmeters Expansion factors for venturi flowmeters
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library