A mixed economy is one in which ________.
A) both resources and means of production are extremely limited and generally confined to agricultural produce
B) the government or other centralized group determines and controls all resources and means of production
C) both individuals and government control resources and determine production methods
D) either individuals or private firms control resources and determine production methods
Correct Answer:
Verified
Q22: John is an employee at a car
Q24: _ is the country closest to having
Q28: A planned economy is one in which
Q29: Joseph took a class in macroeconomics, which
Q64: The price of a product or service
Q81: Cyclical unemployment measures those out of work
Q86: Higher productivity results in higher costs and
Q92: A recession is a decline in the
Q99: The consumer price index (CPI)tracks changes in
Q100: The government can influence the economy through
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents