Private ownership of nearly all of a nation's land, labor, capital, and entrepreneurial ability is common to
A. communism.
B. fascism.
C. socialism.
D. None of these choices are true.
B. fascism.
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What will happen to the equilibrium price and quantity of cars if there is an increase in the price of gasoline?
What will be an ideal response?
Refer to above Table 2-1. What is the level of Disposable Personal Income?
A) 2520 B) 1900 C) 2200 D) 2120
Provide a description of the TIT FOR TAT strategy. Give a brief explanation of the importance of TIT FOR TAT strategy in Robert Axelrod's computer tournaments and the implications of his results for public policy
What will be an ideal response?
If investment opportunities in the U.S. become more attractive to foreigners,
a. the exchange-rate value of the dollar will fall. b. the current-account balance will shift toward a deficit. c. the capital inflows to the U.S. will fall. d. all of the above are true.