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

Author Question: In a market economy: a. collective decision-making is more important than individual ... (Read 92 times)

lak

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
In a market economy:
 a. collective decision-making is more important than individual decision-making.
  b. goods and services are distributed as if by an invisible hand to those who can not afford them.
  c. profit provides an incentive to be productive.
  d. the distribution of wealth is equitably distributed.

Question 2

The formula to compute the spending multiplier is:
 a. 1 / (MPC + MPS).
  b. 1 / (1  MPC).
  c. 1 / (1  MPS).
  d. 1 / (C + I).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


lak

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Excellent

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Examples of structures in which extensive surface area is important for function. Examples of structures in which extensive surface area is important for function.
Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
The Making of the Himalayas The Making of the Himalayas
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
economy manegment economy manegment
My dad is important to me My dad is important to me
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library