Hitler's Germany was an example of a _________ economic system.
A. Capitalist
B. Fascist
C. Communist
D. Socialist
B. Fascist
You might also like to view...
If a firm is earning zero economic profit, then:
A. the owner will not be able to pay himself or herself a salary. B. the firm's accounting profit is equal to the firm's implicit costs. C. the firm will shut down in the long run, but will continue to operate in the short run. D. the firm's revenues are sufficient to pay its explicit costs, but not its implicit costs.
The amount by which the federal government's annual revenues exceed its annual expenditures is the
A) federal debt. B) federal government budget deficit. C) federal government budget surplus. D) federal profit.
Economists closely follow the current account balance because they believe it can provide information on the future movement of
A) interest rates. B) gold flows. C) exchange rates. D) special drawing rights.
What is production? What economic factors are involved in production?
What will be an ideal response?