Which of the following is the primary source of high earnings in a market economy?

What will be an ideal response?


the ability to provide others with things that they value highly

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen asĀ 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

If a one-year bond is purchased for $400 and the interest rate is 8 percent, what will it pay in one year?

A) $48 B) $368 C) $400 D) $432

Economics

Economic freedom requires

A) that there are no regulations and restrictions set on businesses and households by the government. B) the rule of law and the ability to enforce the laws. C) strong labor unions. D) freedom to bribe government officials. E) that the government be a democracy.

Economics

The market for U.S. cars was impacted significantly by consumers' options to buy which of the following?

(a) Used cars (b) New cars produced by U.S. producers (c) New cars produced by foreign producers (d) All of the above

Economics