How did states respond to the decline in their economies after the Great Depression?
a. by getting consumers to buy domestically produced goods
b. by breaking treaties and discontinuing tariffs
c. by enacting last-resort measures
a. by getting consumers to buy domestically produced goods
Economics
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The marginal propensity to save (MPS) is computed as the change in:
a. savings divided by the change in saving. b. savings divided by the change in income. c. saving divided by the change in GDP. d. None of these.
Economics
Capitalism gets its name from the fact that capital resources are mostly:
A. Owned by the state or government B. Given the highest priority in the economy's income distribution C. Treated as private property D. In the form of money and financial resources
Economics