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Author Question: Which of the following is true in a market economy? a. Central planners determine answers to the ... (Read 74 times)

student77

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on: Jun 30, 2018
Which of the following is true in a market economy?
 a. Central planners determine answers to the basic economic questions.
  b. Resources are used efficiently.
  c. The distribution of wealth is equal.
  d. Information for production and distribution decisions pass directly to buyers from the government.

Question 2

As the marginal propensity to consume (MPC) increases, the spending multiplier:
 a. increases.
  b. decreases.
  c. remains constant.
  d. becomes indefinable.


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prumorgan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


student77

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Reply #2 on: Jun 30, 2018
Correct answers!


prumorgan

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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