Market capitalism is an economic system in which:
A) individuals and firms allocate resources that are privately owned.
B) the state has broad powers to serve the public interest as it sees fit.
C) market resource allocation is commanded by both private and state ownership.
D) there is no correlation between economic freedom and a nation's economy.
E) market-oriented economies function in an identical manner.
A
You might also like to view...
Which of the following is not a separate performance obligation?
A. A good that the seller could sell separately. B. A right of return. C. An option for a customer to purchase goods under terms that are more advantageous than those enjoyed by other customers. D. An extended warranty.
Given this information about an activity: ES = 10, EF = 15, LS = 26, and LF = 31. The amount of slack associated with the activity is ____________________.
a) 32 b) 5 c) 21 d) 16 e) 11