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Which of the following results from having a nation having conflicting economic goals? A. the nationalizing of some industries B. the need to rank choices in order of importance C. the need for economic safety nets D. government regulation of domestic industries
Weegy: b) the need to rank choices in order of importance User: A mixed economy has more _____ than a free market system does. A. economic freedom B. government involvement C. goods and services D. traditional elements Weegy: A mixed economy has more B. government involvement than a free market system does (More)
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Asked 6/21/2013 3:14:43 PM
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What is one advantage of a centrally planned economy? A. low unemployment due to guaranteed jobs B. high levels of consumer satisfaction C. quick adjustment to changing conditions D. incentives for workers have new ideas
Weegy: A. low unemployment due to guaranteed jobs User: Who owns the factors of production? A. individuals B. households C. firms D. the market User: Who owns the factors of production? A. individuals B. households C. firms D. the market User: In what kind of an economy does the government make all the decisions? A. mixed B. laissez-faire C. centrally planned D. free enterprise Weegy: In what kind of an economy does the government make all the decisions? C. centrally planned User: Why are free market economies able to attain economic growth? A. Consumers can purchase all the goods they need, which causes firms to produce more. B. Competition encourages innovation, which causes growth. C. Everyone is acting in their own self-interest, which motivates market growth. D. Firms keep producing incentives to encourage households to purchase more goods. Weegy: Free markets attain growth because B. Competition encourages innovation, which causes growth. (More)
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Asked 6/21/2013 3:11:08 PM
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Businesses often use information such as age, income level, and occupation to sell products to certain groups of people. What is this type of information called? A. revenues B. complements C. markets D. demographics
Weegy: Businesses often use information such as age, income level, and occupation to sell products to certain groups of people. [ The type of information is called Demographics. target=_blank rel='nofollow'>http://webcache.googleusercontent.com/search?q=cache:9q6BiIcUxtMJ:' target=_blank rel='nofollow'>www.csus.edu/indiv/k/kelleyca/documents/MKT101Textbook-Revised.doc+&cd=2&hl=en&ct=clnk&gl=ph ] (More)
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Asked 6/22/2013 1:37:04 PM
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Which of the following actions by the government constitutes a subsidy? A. a price floor on wages B. a payment to farmers for not cultivating land C. an excise tax on cigarettes D. a requirement to use lead-free fuel
Weegy: actions by the government constitutes a subsidy is B. a payment to farmers for not cultivating User: A music store holds a half-price sale on all CDs. During the sale, people buy more CDs than usual. What does this event show? A. inelasticity of demand B. the substitution effect C. the law of demand D. the income effect Weegy: C. the law of demand User: How does an increase in an excise tax on cars affect the supply of cars? A. More cars will be made. B. Fewer cars will be made. C. Supply will stay the same. D. Supply will increase. Weegy: An increase in an excise tax on cars affect the supply of cars: B. Fewer cars will be made. (More)
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Asked 6/22/2013 1:34:18 PM
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