Question

What type of economy does each statement describe?

Select C for Command economy .

Select M for Market economy .

Select T for Traditional economy .

Change is slow.

Consumer demand influences business decisions.

Economic growth is not a top priority.

Most business decisions are made by the government.

People choose their jobs.

Resources are government-owned.

Salaries are negotiated between employees and employers.

The government decides which jobs people have.

Answer 1

can you reword this so i can know what are the choices and what are the statements?

Answer 2

all of them are the statements

Answer 3

I am confused...

Answer 4

dont take much haha jkjk......The M,T,C is what u have to name for the statements

Answer 5

oh wow now you tell me...

Answer 6

Haha...Maybe lol

Answer 7

Do u get it now?

Answer 8

yah give me a few minutes lol

Answer 9

okay

Answer 10

Imma go make some coffee while u try to figure this out

Answer 11

lol must be nice

Answer 12

Haha ill make u some too

Answer 13

actually i don't like coffee..,but i will take a hot chocolate with extra whipcream please, and Oh don't forget the mini marshmallows.

ps coffee taste like burnt XP

Answer 14

Do you know the differences between command, traditional, and market economies?

Which ones are you already sure of?

Answer 15

Haha okay i will go make that for u lol and coffee does not taste like that and i will ship the hot choclate to u but by time it gets there it will be cold lol
And yes i do and i dont know which ones i am sure of sorry

Answer 16

haha

Answer 17

Does your course have a textbook? Perhaps you should consult that first, because some of these are blatantly easy.

Answer 18

@geoffb you find the top half and i will get the bottom 4

Answer 19

i make some good coffee haha

Answer 20

No this is a study Guide that i have to do

Answer 21

@countonme123 What would that accomplish? What will she benefit by having the answers given to her? Perhaps you should help her through it.

Answer 22

why you gonna go and make things so complicated???

Answer 23

well this is a bit harder than i though but the last one is M...still working on rest

Answer 24

ok thanks

Answer 25

Salaries are negotiated between employees and employers. C

Answer 26

ok

Answer 27

If you're going to do the work for her, at least be right. ;)

Hint: A command economy would not involve negotiations of salary (at least not to the extent that such an act would take place in the more appropriate answer).

Answer 28

Back off please if your not going to help me out any thanks and have a blessed day

Answer 29

haha he is right though it's market.

A market economy (or free-market economy) is an economy in which decisions regarding investment, production and distribution are based on supply and demand[1] and the prices of goods and services are determined in a free price system.

Answer 30

yea i know he is but he dosent have to be so rude

Answer 31

No problem, Kassie. Good luck on your homework.

Answer 32

thanks

Answer 33

I got this now thanks for the help

Answer 34

ok