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Author Question: Which of the following is true in a market economy? a. Central planners determine answers to the ... (Read 94 times)

student77

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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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Answer to Question 1

b

Answer to Question 2

a





 

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