Multiple Choice
Within a market economy,some industries may be declining while other industries may be expanding.This indicates that:
A) incomes are declining.
B) productive resources are being reallocated.
C) factors of production are scarce.
D) producers are not maximizing profits.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Consider a barter situation where you have
Q25: According to the text,what is the largest
Q26: An economic system in which money is
Q27: In the U.S.economy,rents are the smallest source
Q28: Specialization in production can occur based on
Q30: Which of the following is not considered
Q31: The direct exchange of goods for goods
Q32: If goods and services flow clockwise in
Q33: The fact that expenditures on products and
Q34: Another term for capitalism is the:<br>A) command