Multiple Choice
In a modern mixed economy the government ensures that key institutions are in place to facilitate voluntary transactions between economic agents. These key institutions are
A) labour and capital markets.
B) securities regulators and the court system.
C) private property and freedom of contract.
D) the House of Commons and the Senate.
E) the Department of Finance and the Bank of Canada.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Economists usually assume that households<br>A)make consistent decisions,
Q4: Economists usually assume that households and firms,
Q5: Suppose drought destroys many millions of acres
Q6: During the nineteenth and early twentieth centuries,
Q7: Consider a production possibilities boundary showing the
Q8: A modern economy like Canada's is largely
Q9: Economics is the study of<br>A)how to limit
Q10: An economic system that relies primarily upon
Q11: On a diagram of a production possibilities
Q102: Many economies in central and Eastern Europe,including