One of the benefits of competition in an economy is that competition A. creates better and more services. B. always results in higher wages. C. results in higher prices. D. results in economic security.

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One of the benefits of competition in an economy is that competition creates better and more services.

Expert answered|Malekith22|Points 746|

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Asked 2/7/2018 8:06:42 AM

Updated 9/3/2018 12:52:53 PM

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How is real GDP different from GDP? A. GDP only uses dollars as a measurement. B. Real GDP uses utility rather than dollars as a unit of measurement. C. GDP takes inflation into account. D. Real GDP takes inflation into account.

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Updated 2/6/2018 5:21:49 PM

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Janet17

Real GDP takes inflation into account. -is how real GDP is different from GDP.

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A country would place a tariff on imported steel to A. lower prices for domestic steel consumers. B. increase the standard of living for all citizens in the country. C. protect domestic steel manufacturers from foreign competition. D. make the market as fair as possible for all steel manufacturers around the world.

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Updated 6/3/2019 6:58:20 AM

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nstlynmyvnn

A country would place a tariff on imported steel to protect domestic steel manufacturers from foreign competition.

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A nation allowed its currency to be valued based on supply and demand. This is known as a _______ exchange rate. A. market B. free C. floating D. fixed

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Updated 9/1/2018 10:31:27 PM

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alfred123

A nation allowed its currency to be valued based on supply and demand. This is known as a FLOATING exchange rate.

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Which of the following is a way to reduce unemployment? A. Higher taxes B. Lower inflation C. Training programs D. Reduced government spending

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Updated 6/3/2019 6:56:48 AM

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nstlynmyvnn

Training programs is a way to reduce unemployment.

Added 6/3/2019 6:56:48 AM

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The percentage of the total population living below the poverty level is known as the A. poverty measure. B. income rate. C. poverty rate. D. poor rate.

Weegy: The percentage of the total population living below the poverty level is known as the poverty rate. (More)

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Updated 2/6/2018 5:20:07 PM

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