Command systems are also known as:
A. market systems.
B. pure capitalism.
C. laissez-faire capitalism.
D. communism.
Answer: D
Economics
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"The bias in the CPI distorts private contracts because a future payment that is linked to the CPI will be raised above the true increase in the price level." Is the previous sentence true or false?
What will be an ideal response?
Economics
Wages in American industry are very high because of wage laws.
Answer the following statement true (T) or false (F)
Economics