Which of the following is a function of the U.S. federal government?
A) deciding how much to produce of private goods and services
B) determining what wages firms will pay their workers.
C) distributing private goods and services
D) providing the legal and social framework for economic activity
E) deciding for whom firms should produce goods and services
Correct Answer:
Verified
Q76: Which factor of production does human capital
Q77: Which factor of production is paid "profit"?
A)capital
B)entrepreneurship
C)human
Q78: In the United States, the poorest 20
Q79: --------the owners of the factors of production,
Q80: State and local governments finance expenditures mainly
Q82: Nigeria would be classified by the International
Q83: Items bought by businesses to help produce
Q84: If a product becomes more popular and
Q85: The emerging market economies are
A)the nations with
Q86: The circular flow model shows the
A)flow of
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