The signals that guide the allocation of resources in a market economy are

a. surpluses and shortages.
b. quantities.
c. government policies.
d. prices.


d

Economics

You might also like to view...

Most U.S. currency held outside the U.S. banking system is held by foreigners

Indicate whether the statement is true or false

Economics

Local electric or gas utility companies mostly operate in which market structure?

A. Monopolistic competition B. Pure competition C. Pure monopoly D. Oligopoly

Economics

Use the figure below to answer the following question.What area represents society's total surplus after the government imposes the excise tax on the market?

A. triangle $1c$9 plus triangle $21a$13 B. triangle abc C. square $13ac$9 plus triangle abc D. triangle $1c$9 plus triangle $21a$13 plus rectangle $13ac$9

Economics

In 2008, several banks had a:

A. solvency problem, and the Fed kept them all from going bankrupt. B. confidence problem, and would not lend enough to keep from going bankrupt. C. solvency problem, and eventually went bankrupt as a result. D. reserve problem, and did not have enough funds on hand to lend to keep from going bankrupt.

Economics