Explain why the arrangement in the use of resources in a market system is not random given the decentralized nature of the system
Please provide the best answer for the statement.
Private property encourages mutual accommodation in a market system. People who own resources seek to obtain the best use of those resources. In doing so, they make the best use of those resources and thus create arrangements of those resources that are used for the production of goods and services that people want.
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Hedge funds ________
A) acquire access to funds by accepting deposits then using these monies to lend to households and firms B) raise funds by selling commercial paper then lend these funds to consumers C) acquire access to monies through the payment of premiums by employees D) are a special type of mutual fund
Productivity is hardest to measure in which sector?
a. Agriculture b. Construction c. Manufacturing d. Service.