In capitalism,

there is no competition

most property is privately owned

the government sets most prices

there is no freedom


most property is privately owned

Economics

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The government of Techland is planning a cut in income tax rates. What is the possible consequence of such a change in policy on Techland's economy if it is implemented?

What will be an ideal response?

Economics

If Boring were able to move first in a sequential version of the game in Scenario 13.15, the equilibrium would be

A) an $80 price for Simple and a $70 price for Boring. B) an $80 price for Simple and a $25 price for Boring. C) a $35 price for Simple and a $70 price for Boring. D) a $35 price for Simple and a $25 price for Boring. E) a mixed strategy equilibrium.

Economics

Stocks are

A) promises to repay loans. B) a liability of a proprietorship. C) a liability of a corporation. D) shares of ownership in a corporation.

Economics

In 2017, plowback accounted for approximately ____ of corporate financing while new stock sales accounted for approximately ____.

A. $1.4 trillion; negative $379 billion B. $65 billion; $1 trillion C. $1 trillion; negative $65 billion D. negative $65 billion; $1 trillion

Economics