Prices
direct economic activity in a market economy by()
A: influencing the actions of buyers and
sellers.
B: reducing scarcity of the goods and services
produced.
C: eliminating the need for government
intervention.
D: allocating goods and services in the most
equitable way.
direct economic activity in a market economy by()
A: influencing the actions of buyers and
sellers.
B: reducing scarcity of the goods and services
produced.
C: eliminating the need for government
intervention.
D: allocating goods and services in the most
equitable way.
举一反三
- 18) According to the circular flow model A: . in the market for goods and services, households are buyers and firms are sellers. B: . the market for goods and services, households are sellers and firms are buyers. C: . in the market for factors of production, households are buyers and firms are sellers. D: . firms are the owners of the factors of production.
- Financial<br/>markets and institutions<br/>____? A: involve the movement of huge quantities of money. B: affect the profits of businesses. C: affect the types of goods and services produced in an economy. D: do all of the above.
- A tax imposed on a market with an inelastic demand and an elastic supply will cause() A: sellers to pay the<br/>majority of the tax. B: buyers to pay the<br/>majority of the tax. C: the tax burden to<br/>be equally divided between buyers and sellers. D: the tax burden to<br/>be divided, but it cannot be determined how.
- The PPF shifts if ( ) A: the unemployment rate falls. B: people decide they want more of one good and less of<br/>another. C: the prices of the goods and services produced rise. D: the resources available to the nation change.
- The exchange of goods and services is made more efficient by: () A: barters. B: money. C: governments. D: some combination<br/>of government transfer and barter.