Which of the following economic systems requires some form of competition to better coordinate the plans and projects of households and enterprises?

A) capitalism.
B) socialism.
C) fascism.
D) totalitarianism
E) all of the above.

E

Economics

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A decrease in people's disposable income

A) increases saving and decrease consumption. B) increases saving. C) increases investment demand. D) decreases saving. E) increases consumption.

Economics

Which of the following shocks have caused most of the recessions since 1950?

a. Both c and e b. Increased government spending c. Oil price increases d. The beginning of a war e. Changes in Federal Reserve Policy

Economics