The three primary systems for allocating resources are
A) tradition,command,and central planning
B) tradition,central planning,and communal
C) command,market,and socialism
D) tradition,command,and market
E) communal,command,and capitalism
Correct Answer:
Verified
Q105: Under a market system of resource allocation,the
Q106: Traditional economies tend to be
A) unstable and
Q107: The three problems of resource allocation are
Q108: If the U.S.government decides to distribute surplus
Q109: Tax collections in the United States are
Q111: In a market system,resources are allocated by
A)
Q112: Under a market system of resource allocation
A)
Q113: A person has an absolute advantage in
Q114: A method of allocating scarce resources is
Q115: Under a socialist system,
A) most resources are
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