An economy in which people exchange goods and services in a market is called a
A) command economy. B) socialist economy.
C) market economy. D) centrally planned economy.
C
Economics
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According to this Application, which of the following is NOT a strategy that the government can pursue to address the rising cost of federal retirement and health care programs?
A) increase the age at which retirement benefits begin to be paid B) promote government saving and investment to increase real GDP over time C) borrow from the public to finance the programs D) reform the health care system to encourage more competition to reduce health care expenditures
Economics
Full-time homemakers and retirees are classified in the BLS data as
A. part of the labor force. B. not in the labor force. C. employed. D. unemployed.
Economics