Who or what is responsible for bringing together scarce resources to produce most of the goods and services in the U.S.?
A) the U.S. government
B) the United Nations
C) the Federal Reserve Bank
D) markets and prices
Correct Answer:
Verified
Q14: Governments do not respond to prices.
Q15: A country produces cars and books.All of
Q16: Explain how a market helps determine which
Q17: Which choice below illustrates the tradeoff faced
Q18: Society faces trade-offs because of
A) government regulations.
B)
Q20: The objective of creating a permit trading
Q21: Which of the following is NOT considered
Q22: Which of the following is an example
Q23: Which of the following is an example
Q24: A good economic model has
A) testable predictions.
B)
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