What term denotes a nation's basis for allocating its resources among its citizens?

A) Capital structure
B) Economic system
C) Ownership processes
D) Distribution network
E) National regulations


Answer: B
Explanation: B) An economic system is a nation's system for allocating its resources among its citizens, both individuals and organizations.

Business

You might also like to view...

Kate subdivides land held as an investment and Section 1237 is satisfied. The lots sell for $30,000 per lot (basis $10,000). Kate sells five lots in the first year. Kate's ordinary income is

A. $0. B. $150,000. C. $20,000. D. $100,000.

Business

Which term below is described by directly and concretely showing the employee he or she is valued through financial rewards.

a. Intrinsic motivation b. Inherent rewards c. Extraneous motivation d. Extrinsic rewards

Business

The statute of limitations for all lawsuits in the United States is two years

Indicate whether the statement is true or false

Business

Disparate-impact discrimination occurs when a protected class of individuals is adversely affected by an employer's practices, even though they do not appear to be discriminatory

a. True b. False Indicate whether the statement is true or false

Business