Under market capitalism,resources are allocated by
A) command and owned privately
B) the market and owned privately
C) command and owned by the state
D) the market and owned by the state
E) tradition and owned by all
Correct Answer:
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Q131: An economic system includes
A) money,stocks and bonds
B)
Q132: Under a capitalist economic system,
A) the state
Q133: A society is saving lives (productively)efficiently if
A)
Q134: Under market capitalism,resources are allocated primarily through
A)
Q135: The social problem of resource allocation requires
Q136: One way to increase economic efficiency in
Q137: If a life can be saved for
Q138: We say there is productive inefficiency in
Q140: In a traditional economy,decisions about what to
Q141: Figure 2-13
Total Lives Saved
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