In a market economy: a. collective decision-making is more ...

[lak]

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).

[mbcrismon]

Answer to Question 1

c

Answer to Question 2

b

[lak]

Thanks for the timely response, appreciate it

[jamesnevil303]

Gracias!