With capitalism, which of the following do market forces reward?
a. productivity and government ownership of resources
b. underutilization and government ownership of resources
c. productivity and private ownership of resources
d. underutilization and private ownership of resources
Ans: c. productivity and private ownership of resources
You might also like to view...
The figure above illustrates aggregate demand and aggregate supply in Sparta. Sparta's price level will rise above 100 if ________
A) government expenditure decreases B) the quantity of money increases C) the quantity of capital increases D) taxes increase
An HMO hires radiology services from India to cut costs. If all else remains equal, this will
A) decrease the financial account. B) decrease the balance of trade. C) increase the current account balance. D) decrease net exports.
A business cycle peak is a
A) small positive deviation from trend in real GDP. B) relatively large positive deviation from trend in real GDP. C) small negative deviation from trend in real GDP. D) relatively large negative deviation from trend in real GDP.
A reserve currency is a currency that is:
a. used exclusively to settle domestic debts. b. specifically designed for use by commercial banks to settle accounts. c. held only by bureaucrats. d. used to settle international debts by private corporations. e. held by governments to facilitate foreign exchange market interventions.