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Author Question: In the current Canadian economy, the majority of choices on how resources are allocated are made by (Read 86 times)

vowens

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Question 1

Most modern economies in the world today
◦ have a mix of traditional, command and market elements.
◦ are complex systems that defy description and analysis.
◦ are mostly run by government decree.
◦ have pure market exchange.
◦ are similar to feudal systems.

Question 2

In the current Canadian economy, the majority of choices on how resources are allocated are made by
◦ consumers and firms through the price system.
◦ the various levels of government.
◦ negotiation between unions and firms.
◦ legal contracts.
◦ business firms only.


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Marked as best answer by vowens on Oct 12, 2022

3ginamay

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vowens

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


LegendaryAnswers

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Reply 3 on: Yesterday
Excellent

 

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