@timo86m The major macroeconomic policy goals of most industrialized nations are: A. an equal distribution of income, full employment, and price stability B. Economic grwoth, price stability, and an equal distribution of income. C. full employment, price stability and economic growth D. price stability, economic growth, and market equilibriums
i can say it not a or b
I know full employment is a goal. So C?
C :)
a and b are eliminated due to distrubution of wealth equally. Especially in an AMerican class.
All of the following are essential elements of capitalism except: limited government government-owned resources competition a market or price system
government-owned resources
pretty sure
Do you know what a mixed economy is?
Nevermind :P @timo86m In a market economy, ______ motivates producers to choose the mots efficient means of production.
A. central planning board B. profit C. government D. altruism
b
Just making sure:)
Four more!
A decentralized system comprised of many buyers and sellers each attempting to maximize their own gain under competitive conditions best describes:
Socialism Central planning mixed economy market system
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