Multiple Choice
The idea that firms and resource suppliers,while seeking to further their own self-interests in a market economy,also promote the public interest describes:
A) the guiding function of prices.
B) capital accumulation.
C) the "invisible hand."
D) "dollar votes."
Correct Answer:
Verified
Correct Answer:
Verified
Q27: One of the most important economic resources
Q55: In the simple circular flow model:<br>A) households
Q56: In the market system,prices tend to guide
Q57: By free enterprise,we mean that:<br>A) products are
Q58: Which is characteristic of the market system?<br>A)
Q59: A basic characteristic of a command system
Q61: The economy of North Korea would best
Q63: In product markets:<br>A) households sell products to
Q64: The term "dollar votes" means:<br>A) inflation will
Q65: As of 2012,the economy of Hong Kong