A planned economy would require decisions on the basis of
a. input-output tables
b. corporate profits
c. cost-benefit analysis
d. government decisions
e. all of the above
D
You might also like to view...
During a financial crisis the possibility of bank failures rises. An increase in the likelihood of a bank failing shifts demand for its stock
a. right, so the price rises. b. right, so the price falls. c. left, so the price rises. d. left, so the price falls.
If resources are being used inefficiently, where will the economy be in terms of the PPF diagram
Scarcity results when available resources cannot satisfy all desired uses of those resources.
Answer the following statement true (T) or false (F)
Which of the following factors would tend to be consistent with a downward-sloping yield curve?
a. A high and positive default risk premium. b. A high and positive maturity risk premium. c. The absence of a liquidity premium. d. Expected inflation is expected to decline in future years.