An economic system is
A) an agreement between countries that deal with free trade.
B) the way in which a nation allocates its resources among its citizens.
C) a government decree that requires certain goods and services to be provided.
D) a long-standing agreement between citizens and governments on how an economy is run.
E) a large government department that oversees how the economy is running.
Correct Answer:
Verified
Q3: Natural resources,as a factor of production for
Q4: In 2011,the most profitable Canadian companies were
Q7: The sales revenues of TransCanada Distributors have
Q9: Profit is
A) what remains after business expenses
Q11: The sales revenues of TransCanada Distributors have
Q12: This week,Jessica's Variety Store had sales of
Q13: Barry,a manager,says that if his company's revenue
Q19: Profit is
A) the market value of shares
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Q33: The economic system in which producers and
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