subject
Business, 04.07.2019 17:10 YesBoi

Which of the following best summarizes a basic difference between market economies and centrally- planned economies? a. a market economy has a "more equal" distribution of resources than a centrally-planned economy. b. self-interest and prices serve to allocate resources in a market economy while a central planner typically attempts to allocate resources in a centrally-planned economy. c. centrally-planned economies rely more on self-interest and prices to allocate resources than market-based economies. d. the government plays a larger role in a market economy than in a centrally-planned economy.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:30
The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure
Answers: 1
question
Business, 22.06.2019 10:20
What two things do you consider when evaluating the time value of money
Answers: 1
question
Business, 22.06.2019 20:30
Identify the level of the literature hierarchy for u.s. gaap to which each item belongs
Answers: 1
question
Business, 22.06.2019 20:40
Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
Answers: 1
You know the right answer?
Which of the following best summarizes a basic difference between market economies and centrally- pl...
Questions
question
Mathematics, 18.10.2020 15:01
question
Mathematics, 18.10.2020 15:01
question
Mathematics, 18.10.2020 15:01
question
Mathematics, 18.10.2020 15:01
Questions on the website: 13722367