Multiple Choice
The mechanism of the market system provides for:
A) the content and flow of goods and services to take place without any fixed plan
B) buyers and sellers not needing to know how the market works in order to act in it
C) the economy to function so that all participants derive some satisfaction
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q30: The public sector:<br>A) is bloated with a
Q31: Both fiscal and monetary policies focus on:<br>A)
Q32: In economic terms, incomes are distributed according
Q33: Need and demand:<br>A) are unrelated concepts<br>B) amount
Q34: Centrally-planned economies seem like a good idea.
Q36: The price system is based on:<br>A) a
Q37: Maintaining full employment, stabilizing the economy, and
Q38: The central authorities, as participants in the
Q39: The government can curb excessive aggregate demand
Q40: The government's purchasing power depends on people's