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

Author Question: The economic system that answers the What, How and For Whom questions using prices determined by the ... (Read 76 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


justinmsk

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

respiratory system respiratory system
Saturn’s Ring System Saturn’s Ring System
The Ventricular System of the Brain The Ventricular System of the Brain
Economic and Social Development Economic and Social Development
Electrical Conduction System of the Heart Electrical Conduction System of the Heart
Complete Digestive System: Frog Complete Digestive System: Frog
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library