While competition in a market economy can -----------, it also tends to produce ---------.
A) be ruthless, shoddy products
B) stimulate productivity, greater inequalities in wealth
C) encourage innovation, a lazy workforce
D) limit product diversity, economic cycles of boom and bust
E) increase employment, high inflation
Correct Answer:
Verified
Q8: In a command economy, the value of
Q9: Which of the following is most likely
Q10: Which of the following is most likely
Q11: In a mixed economy,
A) most key infrastructure
Q12: The use of tariffs and quotas is
A)
Q14: "Opportunity cost" refers to
A) what someone is
Q15: Which of the following is NOT a
Q16: Which of the following is committed to
Q17: Which of these are significant problems associated
Q18: In which of the following systems is
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