When China builds a dam using few machines and a great deal of labor, it is answering the ________ part of one of the two big economic questions
A) "what"
B) "how"
C) "where"
D) "for whom"
B
Economics
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In this economic system, private citizens own all of the factors of production to make products and create profits.
A. socialist economy B. Capitalist economy C. Command economy D. Mixed socialist economy
Economics
For a given return on assets, the lower is bank capital
A) the lower is the return for the owners of the bank. B) the higher is the return for the owners of the bank. C) the lower is the credit risk for the owners of the bank. D) the lower the possibility of bank failure.
Economics