The American economy consists of a complex combination of organizations and variables,such as countless companies differing in size and what they sell,current events,and markets (for example,the housing market and the stock market).According to ________,all of these independent factors interact with one another according to certain simple rules.
A)complexity theory
B)a closed market system
C)a market web
D)contingency theory
E)behavioral theory

Question

Quizplus · Accepted Answer

Complexity theory explains how the independent factors in the American economy interact with one another using simple rules, leading to the complex system that is the American economy. The other choices do not specifically address how different factors interact in the economy.

The American Economy Consists of a Complex Combination of Organizations