In a capitalist country most resources are owned by

A. business firms.
B. households.
C. the government.


B. households.

Economics

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According to the Application, Singapore requires workers who are under 50 years of age to save ________ percent of their earnings, with employers contributing another ________ percent

A) 50; 30 B) 20; 15.5 C) 10; 10 D) 40; 20

Economics

The rising cost of uninsured patients receiving treatment at hospital emergency rooms is one of the leading causes of the increase in health care spending as a percentage of GDP in the United States

Indicate whether the statement is true or false

Economics

A sterilized central bank intervention does not affect the domestic money supply

Indicate whether the statement is true or false

Economics

If one adopts a pure free-market approach to depletable resources, then one can expect the price of resources to

A. rise steadily. B. fall steadily. C. fluctuate in a random-walk fashion. D. remain unchanged.

Economics