Capitalism:
A. gives private property rights to government.
B. does not have a rationing mechanism.
C. relies on market forces to establish initial property rights.
D. is based on private property and the market.
Answer: D
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Which of the following would reduce the labor force participation rate, all else equal?
A) an increase in the working-age population B) an increase in the unemployment rate C) a decrease in the unemployment rate D) an increase in the number of people in the labor force
When government agencies become privatized:
A. they are sold to private companies. B. stock is created and sold to the public. C. private stock is sold to private households. D. they are rarely regulated.
Which of the following is a short run adjustment? a. A bakery hiring two additional bakers
b. Two new firms enter the textile industry. c. Three firms leave the bicycle industry. d. A computer hardware company builds a new factory.
If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to rise. d. Monetary base to remain the same.