This topic contains a solution. Click here to go to the answer

Author Question: The economic system that answers the What, How and For Whom questions using prices determined by the ... (Read 70 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
The economic system that answers the What, How and For Whom questions using prices determined by the interaction of supply and demand is a:
 a. market economy. b. command economy
  c. soviet economy. d. traditional economy.

Question 2

The sum of consumption and investment is:
 a. total production.
  b. aggregate supply.
 c. aggregate disposable demand.
  d. aggregate expenditures.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

a

Answer to Question 2

d




justinmsk

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
Excellent


jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

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.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library