Which of the following applies to a real-world socialistic economy?
a. Private ownership of all factors of production.
b. Government ownership of all factors of production.
c. Government ownership of most of the factors of production.
d. Lack of central planning.
c
You might also like to view...
Which of the following is included in the M2 money stock?
a. bonds b. stocks c. gold d. savings-type accounts e. credit card balances
For an economy at full employment, an increase in the quantity of money will lead to which of the following sequences of shifts in aggregate demand and supply curves? aggregate supply aggregate supply aggregate supply
A) decreased aggregate demand, increased short-run aggregate supply, constant long-run aggregate supply B) decreased aggregate demand, decreased short-run aggregate supply, decreased long-run aggregate supply C) increased aggregate demand, increased short-run aggregate supply, increased long-run aggregate supply D) increased aggregate demand, decreased short-run aggregate supply, constant long-run aggregate supply
A specific statement of what a worker does on a job is a _____.
A. task dimension B. task C. job element D. None of these
Injunctions are good remedies for problems where damage has already occurred.
Answer the following statement true (T) or false (F)