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Economics - Financial Markets 23 Online
OpenStudy (anonymous):

What type of economic system exists when individuals answer the three basic economic questions? A. mixed B. market C. command D. traditional

OpenStudy (anonymous):

What term defines the income paid to the owner of land, labor, or capital in return for productive service? A. cost B. price C. factor payment D. economic system

OpenStudy (anonymous):

If a society answers the three basic economic questions by relying on ritual, ancestral laws, and religious dictates, what type of economic system is it using? A. mixed B. market C. command D. traditional

OpenStudy (anonymous):

help

OpenStudy (anonymous):

B A D

OpenStudy (ckaranja):

It's the mixed economy

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